Signal Desk · Companies

Snabbit operator Maestroedge reports ₹167.75 cr FY26 loss

2026-10-16 · 1 source · Business Standard Companies

In short

Maestroedge Solutions, the company behind Snabbit, reported a ₹167.75 crore loss in FY26 and revenue of ₹12.25 crore. The filing said costs rose for service providers, marketing and staff as the business grew.

This matters because the company is spending much more than it earns right now. The report does not say when the business may turn profitable or how many customers it has.

What the reporting says

Maestroedge Solutions, which runs home services platform Snabbit, reported a net loss of ₹167.75 crore for FY26 and revenue from operations of ₹12.25 crore, according to financial statements filed with the Registrar of Companies. The summary said spending on service providers, marketing and staff rose as the business expanded, and that FY25 loss was ₹5.70 crore. The report does not state the reason for the revenue mix beyond platform services and uniform sales.

Why it matters

Maestroedge Solutions, which operates the home services platform Snabbit, filed results showing a ₹167.75 crore net loss in FY26 and revenue from operations of ₹12.25 crore. The summary says higher spending on service providers, marketing and staff came with expansion, and FY25 loss was ₹5.70 crore. The filing points to rapid scale-up, but the report does not state profitability guidance or customer numbers.

Touches: Maestroedge Solutions, Snabbit, Companies, Startup

Sources