India, Oct. 16 -- Amid intense competition in the quick home services market, Snabbit incurred a net loss of Rs.167.8 Cr in the financial year ended March 31, 2026 (FY26) as against a loss of Rs.5.7 Cr in FY25.

Important to note that FY26 was Snabbit's first full financial year of operations following its service launch in August 2024. Thus, comparability of the two fiscals is limited.

Snabbit posted an operating revenue of Rs.12.2 Cr in FY26 compared to Rs.26.3 Lakh in FY25. Platform services generated Rs.10.8 Cr in revenue, while uniform sales to service professionals contributed the remaining Rs.1.4 Cr. The startup recognises platform service revenue net of discounts it bears.

Including other income of Rs.14.8 Cr, the startup's tota...