{
  "id": 16631636,
  "title": "AceVector Q2 Loss Surges 116% YoY To ₹16.2 Cr, Revenue Up 17%",
  "url": "https://urgent.news/2026/10/26/acevector-q2-loss-surges-116-yoy-to-16-2-cr-revenue-up-17",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T16:22:35.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/acevector-q2-loss-surges-116-yoy-to-%e2%82%b916-2-cr-revenue-up-17/"
  },
  "original_language": "en",
  "account": "AceVector's net loss for Q2 of FY27 surged 116% to ₹16.2 Cr, compared to ₹7.5 Cr in the previous year's quarter, while sequential loss reduced by 37% from ₹25.5 Cr. Operating revenue grew 17% YoY and 13% quarter-on-quarter to ₹151.2 Cr, with total income reaching ₹153.8 Cr after including other income of ₹2.6 Cr. Expenses rose 22% YoY to ₹168.7 Cr, with logistics expenses increasing 20% YoY to ₹71.4 Cr. The company went public earlier this month after completing its ₹420 Cr IPO. In H1 FY27, AceVector's consolidated revenue grew 17% YoY to ₹285.5 Cr, driven by growth in Snapdeal and Unicommerce, its primary business units. Both units showed a 15% YoY revenue increase, with Snapdeal and Unicommerce recording ₹164.4 Cr and ₹110.4 Cr, respectively. The company's Adjusted EBITDA loss for the half stood at ₹26.9 Cr, triple the ₹9.3 Cr loss in H1 FY26. Growth in Snapdeal was due to higher marketing investments for the festive season, temporary logistics cost pressures, and investments in Unicommerce for long-term growth. Snapdeal's fashion platform saw a 31% increase in net merchandise value to ₹407.6 Cr, with overall NMV rising 10% to ₹595.7 Cr. Delivered units grew 16% to 150.5 lakh, while app-delivered units increased 23% YoY to 133.6 lakh. The shift in festive shopping to Q3 FY27 affected Q2 and H1 growth. Snapdeal's contribution margin improved to 10.2% of NMV in Q2 from 8.8% in Q1 due to easing logistics costs and improved monetisation. Unicommerce, AceVector's ecommerce software provider, saw a 15% YoY revenue increase to ₹110.4 Cr in H1 FY27, while Adjusted EBITDA declined to ₹16.7 Cr from ₹19.7 Cr. The company added 121 enterprise clients in Q2 FY27, a 24% YoY increase to 236 in H1 FY27. Unicommerce expects profitability to improve in the second half as investments moderate and revenue growth creates operating leverage.",
  "summary": "Snapdeal parent AceVector’s net loss for the September quarter (Q2) of FY27 zoomed 116% to ₹16.2 Cr from ₹7.5 Cr…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}