AceVector Q2 FY27 Results: Consolidated Net Loss ₹17.60 Crore on Total Income of ₹154 Crore
Earnings
Marketplace and SaaS
Blacklitt Research4 min read
AceVector said in a filing on 26 Oct 2026 that for the quarter ended 30 Sep 2026 its consolidated total income was ₹153.81 crore and its net loss was ₹17.60 crore. Standalone total income was ₹88.90 crore and the net loss was ₹21.59 crore.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹153.81 crore, up 17.3% YoY and 13.0% QoQ
Net profit and EPS: Net loss of ₹17.60 crore against ₹9.50 crore a year earlier; basic loss of ₹0.48 a share
Finance costs: ₹2.58 crore, up 85.8% QoQ from ₹1.39 crore
Listing expenses: ₹1.31 crore exceptional item for the listing of the company shares
Standalone
The company on its own, without its subsidiaries
Total income: ₹88.90 crore, up 13.3% YoY and 10.3% QoQ
Net profit and EPS: Net loss of ₹21.59 crore against a profit of ₹5.28 crore a year earlier; basic loss of ₹0.46 a share
Finance costs: ₹1.99 crore, against ₹0.28 crore a year earlier
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
153.81
131.18
+17.3%
136.09
+13.0%
Revenue from operations
151.20
129.26
+17.0%
134.31
+12.6%
Other income
2.62
1.92
+36.5%
1.79
+46.4%
-17.60
-9.50
-85.2%
-25.36
+30.6%
Profit before tax
-16.15
-7.50
-115.5%
-25.47
+36.6%
Finance costs
2.58
-0.14
n/a
1.39
+85.8%
Depreciation
3.21
2.77
+16.0%
3.12
+2.9%
Tax expense
1.45
2.01
-27.9%
-0.11
n/a
Net profit margin
-11.44%
-7.24%
-4.20 pp
-18.63%
+7.19 pp
EPS, basic (₹)
-0.48
-0.31
-54.8%
-0.62
+22.6%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
The net loss was wider than a year earlier and narrower than in the June quarter. It was ₹17.60 crore, against ₹9.50 crore in the September 2025 quarter and ₹25.36 crore in the June 2026 quarter. Total income rose 17.3% YoY, while net profit fell 85.2% over the same year; from the June quarter, the net loss narrowed 30.6%, faster than the 13.0% rise in total income.
Revenue from operations rose 17.0% to ₹151.20 crore and other income rose 36.5% to ₹2.62 crore; other income is 1.7% of total income. By segment, Marketplace revenue was ₹86.16 crore, SaaS ₹59.08 crore and Consumer Brands ₹6.14 crore. Segment results before finance costs were a loss of ₹18.29 crore for Marketplace, a profit of ₹8.03 crore for SaaS and a loss of ₹2.00 crore for Consumer Brands.
The loss before tax was ₹16.15 crore, after a ₹1.31 crore exceptional item that the filing describes as expenses for listing the company shares on the stock exchanges. Tax expense was ₹1.45 crore, against ₹2.01 crore a year earlier and a credit of ₹0.11 crore in the June quarter. Finance costs were ₹2.58 crore, against ₹1.39 crore in the June quarter.
The review report from S.R. Batliboi and Associates LLP says nothing has come to its attention that the consolidated statement is misstated. The auditor relied on other auditors' reports for three subsidiaries, whose total revenues were ₹65.22 crore for the quarter and ₹121.40 crore for the half year.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
88.90
78.46
+13.3%
80.58
+10.3%
Revenue from operations
86.16
74.78
+15.2%
78.26
+10.1%
Other income
2.74
3.68
-25.5%
2.31
+18.3%
-21.59
5.28
n/a
-27.84
+22.5%
Profit before tax
-21.59
5.28
n/a
-27.84
+22.5%
Finance costs
1.99
0.28
+619.9%
0.84
+138.2%
Depreciation
0.60
0.60
-0.3%
0.60
0.0%
Net profit margin
-24.29%
6.72%
-31.01 pp
-34.55%
+10.27 pp
EPS, basic (₹)
-0.46
0.12
n/a
-0.60
+23.3%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
The standalone result moved from a profit of ₹5.28 crore a year earlier to a net loss of ₹21.59 crore. Revenue from operations rose 15.2% to ₹86.16 crore, while other income fell 25.5% to ₹2.74 crore. Total income rose 13.3% YoY and 10.3% QoQ, and the net loss was ₹21.59 crore against ₹27.84 crore in the June quarter.
Finance costs were ₹1.99 crore, against ₹0.28 crore a year earlier and ₹0.84 crore in the June quarter. Depreciation was ₹0.60 crore, the same as a year earlier. The net loss of ₹21.59 crore is the same as the loss before tax.
Standalone other financial assets were ₹391.31 crore at 30 Sep 2026, and the IPO receivable of ₹302.79 crore is classified under other financial assets in these results, according to the statement.
Inference
Under the IPO, 131,250,000 equity shares of face value Re 1 each were offered: 89,687,500 fresh issue shares and 41,562,500 offer for sale shares, aggregating ₹420.00 crore. The shares were listed on NSE and BSE on 5 Oct 2026. Fresh issue proceeds of ₹287.00 crore and ₹15.79 crore of offer expenses for selling shareholders, a total of ₹302.79 crore, were receivable at 30 Sep 2026 and will be credited to the company bank account after the quarter end.
Consolidated paid-up equity share capital was ₹54.42 crore at 30 Sep 2026, against ₹45.45 crore at 30 Jun 2026. Consolidated total equity was ₹498.96 crore, against ₹260.35 crore at 31 Mar 2026. Consolidated cash and cash equivalents were ₹9.29 crore, against ₹17.47 crore at 31 Mar 2026, and the half-year cash flow shows ₹50.00 crore of proceeds from borrowings.
Company Secretary and Compliance Officer Prabhas Singh resigned by a letter dated 23 Oct 2026, effective 26 Oct 2026, and Madhvendra Shukla was appointed Company Secretary and Compliance Officer from the same date. Akhil Kumar Gupta's designation changed from Nominee Director to Additional Non-Executive Director from 26 Oct 2026, subject to shareholder approval at the AGM, and the Board recommends his appointment as Non-Executive Director. Reasons for the wider year-on-year consolidated loss, and plans for the ₹50.00 crore of borrowings, are not given.
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