Urban Company net loss widens in Q2, revenue up 41.4%
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Urban Company reported a net loss of ₹182.48 crore in Q2 FY27, up from ₹59.33 crore last year.
- ✓Revenue grew 41.4% to ₹537.29 crore as the firm invested in InstaHelp.
- ✓Management said, “Q2 FY27 was a strong quarter for Urban Company with continued growth momentum and margin expansion for our core business.”
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Home services platform, Urban Company Ltd widened its consolidated net loss to ₹182.48 crore in Q2 FY27 compared to ₹59.33 crore in the year-ago period as it continued aggressive investments in InstaHelp. Consolidated revenue from operations grew 41.4 per cent to ₹537.29 crore. The company’s board also approved raising up to ₹2,500 crore through the issue of equity shares or other convertible securities via qualified institutional placement (QIP), subject to shareholder approval.
In the shareholders’ letter, the company’s management said, “Q2 FY27 was a strong quarter for Urban Company with continued growth momentum and margin expansion for our core business. At the same time, we continued to invest aggressively in InstaHelp, where unit economics improved despite rapid scale-up.”
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