AceVector Q2 Loss Surges 116% YoY To ₹16.2 Cr, Revenue Up 17%

by · Inc42

SUMMARY

  • Snapdeal parent AceVector's Q2 loss surged 116% YoY to ₹16.2 Cr but shrunk 37% QoQ.
  • For the first half of the ongoing fiscal year, the company's consolidated revenue grew by 17% YoY to ₹285.5 Cr, supported by growth across Snapdeal and Unicommerce.
  • While total expenses for the quarter also increased 22% YoY to ₹168.7 Cr, total income stood at ₹153.8 Cr.