{
  "id": 19806129,
  "title": "Zaggle Q2 Profit Slips 30% YoY To ₹24.5 Cr Despite Revenue Uptick",
  "url": "https://urgent.news/2026/11/13/zaggle-q2-profit-slips-30-yoy-to-24-5-cr-despite-revenue-uptick",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T11:58:31.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/zaggle-q2-profit-slips-30-yoy-to-%e2%82%b924-5-cr-despite-revenue-uptick/"
  },
  "original_language": "en",
  "account": "Fintech Software-as-a-Service firm Zaggle experienced a 30% drop in net profit for Q2 FY27, falling to ₹24.5 Cr from ₹35 Cr in the same period last year. Yet, the company's revenue rose by 34.2% year-over-year and 37% quarter-over-quarter, reaching ₹580 Cr. Notably, Zaggle's SaaS division reported its \"largest-ever quarterly performance\" due to revenue recognition from novated contracts following the acquisition of Dice. Total income for the quarter amounted to ₹586.2 Cr, including additional earnings of ₹6.3 Cr. However, expenses increased by 39.9% to ₹555.7 Cr, up from ₹397.1 Cr in the previous year. The company faced a tax expense of ₹7.3 Cr and a gain of ₹1.3 Cr from an associate's share of profit.",
  "summary": "Fintech SaaS company Zaggle’s net profit for the September quarter (Q2 FY27) plunged 30% to ₹24.5 Cr from ₹35 Cr…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}