Snabbit operator reports ₹167.75 crore FY26 loss, revenue rises
In short
Maestroedge Solutions, which runs Snabbit, reported a net loss of Rs 167.75 crore in FY26. Revenue from operations rose to Rs 12.25 crore from Rs 26.35 lakh a year earlier.
The company said higher spending on service providers, marketing and staff went with its expansion. It is not clear from the reporting how the business will perform next.
What the reporting says
Maestroedge Solutions, which runs home services platform Snabbit, reported a net loss of Rs 167.75 crore for FY26 and revenue from operations of Rs 12.25 crore, according to financial statements filed with the Registrar of Companies. The publisher-supplied summary says the loss was nearly 30 times lower than the previous year and that spending on service providers, marketing and staff rose as the business expanded. The filing does not fully break out the cause or future outlook.
Why it matters
Maestroedge Solutions, the company behind Snabbit, filed FY26 financial statements showing a Rs 167.75 crore net loss and Rs 12.25 crore in operating revenue, with the filing made to the Registrar of Companies. The summary says costs rose with expansion, especially for service providers, marketing and staff. For investors and users of the platform, the key unknown is whether revenue growth can catch up with the higher spending.