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Zaggle posts record FY26: revenue up 46% to ₹1,908 Cr, PAT up 52%

Our read

Zaggle's 46% revenue growth paired with margin-accretive 52% PAT expansion shows the spend management flywheel is scaling efficiently across SaaS fees, interchange, and program revenues.

The report,

Zaggle reported FY26 revenue of ₹19,076 Mn (up 46.3%) and PAT of ₹1,388 Mn (up 51.8%). Launched Retail RuPay Credit Card with UPI, acquired Greenedge and Rivpe, set up GIFT City entity, guides ~40% FY27 growth.

Reported figures

From the report. Source details below

  • Cash PAT growth 54%
  • 50 million prepaid cards
  • 3.9 million users

Why it matters to operators

The Greenedge and Rivpe tuck-ins plus GIFT City entity signal an aggressive roll-up strategy in fintech infrastructure—expect Zaggle to keep buying distribution and cross-border rails to defend its 40%+ growth narrative.

The source

Source Read the source at The Hindu BusinessLine

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