AceVector FY26 Loss Shrinks 64% as Revenue Rises to ₹510 Cr
By Business Desk
Snapdeal parent AceVector Limited reports a 64% reduction in net loss to ₹45.5 Cr for FY26, driven by a 29.2% increase in operating revenue.
AceVector Limited, the parent entity of Snapdeal, has reported a substantial improvement in its financial performance for the fiscal year 2025-26. The company posted a narrowed restated net loss alongside a notable expansion in operating revenue.
Key Financial Numbers for FY26
- Restated net loss narrowed by nearly 64% to ₹45.5 Cr, down from ₹126.3 Cr in the previous fiscal year.
- Operating revenue increased by 29.2% to reach ₹510.3 Cr.
- Total income for the year, including other income, stood at ₹537.7 Cr.
- Adjusted EBITDA loss saw a reduction of 59.3%, falling to ₹15.9 Cr from ₹39.2 Cr in FY25.
The marketplace segment operating under Snapdeal remained the largest contributor to revenue at 57.5%. The SaaS business followed closely behind as the second major contributor at 40%, while the consumer brands vertical contributed 2.51%.
Segment Performance and Strategic Outlook
- Marketplace business reported an adjusted EBITDA loss of ₹50.2 Cr.
- SaaS vertical demonstrated strong performance with an adjusted EBITDA profit of ₹41.3 Cr.
- Company is currently preparing for an IPO with subscriptions scheduled to open on September 25 and close on September 29.
- IPO features a fresh issue of shares worth ₹287 Cr alongside an offer-for-sale component.
The financial data from the red herring prospectus highlights how varying business segments drive overall corporate strategy ahead of the upcoming public offering.