India, Oct. 26 -- Snapdeal parent AceVector's net loss for the September quarter (Q2) of FY27 zoomed 116% to Rs.16.2 Cr from Rs.7.5 Cr in the year-ago quarter. Sequentially, the company trimmed its loss by 37% from Rs.25.5 Cr.

Operating revenue increased 17% YoY and 13% QoQ to Rs.151.2 Cr. Including other income of Rs.2.6 Cr, total income for the quarter stood at Rs.153.8 Cr.

Meanwhile, total expenses for the quarter also increased 22% YoY to Rs.168.7 Cr. Logistics expense was the biggest chunk of expense during the quarter and increased 20% YoY to Rs.71.4 Cr.

AceVector listed on the bourses earlier this month post completing its Rs.420 Cr IPO. The company had disclosed its financial performance for the fiscal year FY26 in its IPO pape...