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Maestroedge Solutions, which runs home services platform Snabbit, has posted a net loss of Rs 167.75 crore for 2025-26, nearly 30 times lower than the previous year, as spending on service providers, marketing and staff rose with the expansion of its business, according to financial statements filed with the Registrar of Companies. The Mumbai-based company reported a loss of Rs 5.70 crore in FY25. Its revenue from operations rose to Rs 12.25 crore in FY26 from Rs 26.35 lakh a year earlier. Platform services brought in Rs 10.82 crore, and the sale of uniforms to its service providers, whom it calls experts, stood at Rs 1.42 crore. Other income was Rs 14.77 crore, while total income was recorded at Rs 27 crore. Total expenses rose to Rs 194.76 crore from Rs 6.81 crore in FY25. Expert service cost was the largest expense at Rs 63.07 crore, up from Rs 27 lakh. Marketing spending rose nearly 60-fold to Rs 48.69 crore. Employee benefit expenses grew to Rs 46.02 crore from Rs 3.27 crore,
State-owned power giant NTPC on Friday posted a nearly 13 per cent rise in its consolidated net profit to Rs 6,896.44 crore for the April-June quarter compared to the year-ago period mainly on the back of higher revenues. The consolidated net profit was Rs 6,108.46 crore in the quarter ended on June 30, 2025, an exchange filing stated. Total income rose to Rs 51,141.51 crore in the quarter from Rs 47,821.11 crore in the same period a year ago.