Snabbit Posts ₹167.75 Cr FY26 Net Loss As Scale Expands

16 Oct 2026, 4:31 pm · 6h ago · 1 min read · YourStory

Maestroedge Solutions, the parent company of on-demand home services startup Snabbit, reported a net loss of ₹167.75 crore for FY26 compared to ₹5.70 crore in FY25. Operating revenue surged to ₹12.25 crore from ₹26.35 lakh a year earlier, driven by platform services and uniform sales. Total expenses climbed to ₹194.76 crore as marketing expenses grew sixtyfold to ₹48.69 crore, expert service costs reached ₹63.07 crore, and staff costs stood at ₹46.02 crore. CEO Aayush Agarwal attributed the widened losses to rapid geographic expansion across over 100 micro-markets.