Feed
Snapdeal Parent AceVector Posts ₹16.2 Crore Loss in Q2 FY27
Startup

Snapdeal Parent AceVector Posts ₹16.2 Crore Loss in Q2 FY27

26 Oct 2026, 9:52 pm · 2h ago · 1 min read · Inc42New

Newly listed ecommerce company AceVector, the parent entity of Snapdeal and Unicommerce, reported a 116% year-on-year increase in net loss to ₹16.2 crore for the second quarter of FY27. Operating revenue grew 17% year-on-year to ₹151.2 crore, while total expenses climbed 22% to ₹168.7 crore, driven by elevated festive marketing and logistics costs. Snapdeal and Unicommerce contributed ₹164.4 crore and ₹110.4 crore to consolidated first-half revenue, respectively. Sequentially, AceVector trimmed quarterly net losses by 37% from ₹25.5 crore, following its successful ₹420 crore initial public offering completed earlier this month.