Business · Updated 17 Oct, 06:06 pm IST

Snabbit posts ₹168 crore loss in FY26 as revenue rises to ₹12.2 crore

Why it matters for readers: Explains why a company can grow sales yet post a big loss because of big marketing and operational expenses.

Snabbit’s FY26 net loss widened to about ₹167.75–167.8 crore compared with a ₹5.7 crore loss in FY25.1 2
Operating revenue rose to about ₹12.2–12.25 crore in FY26 from ₹26.35 lakh a year earlier, with platform services contributing ₹10.8 crore and uniform sales ₹1.42 crore.1 2
Total expenses for FY26 were ₹194.8 crore, led by ₹63.1 crore in service professional costs, ₹48.7 crore in marketing, and ₹46 crore in employee benefits.2
Including other income of ₹14.8 crore, Snabbit’s total income was around ₹27 crore for FY26, with interest on bank deposits contributing ₹14.1 crore.2
Snabbit held ₹292.2 crore in cash and bank balances and ₹26.6 crore in mutual funds (₹318.9 crore total) as per its FY26 disclosures.2

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