Urban Company Q2 results: Loss widens to ₹182.5 crore despite 41% revenue growth
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Urban Company reported a net loss of ₹182.5 crore for Q2 FY27, even as revenue grew 41.4% to ₹537.3 crore.
- ✓The company said its core business continued growth momentum.
- ✓To support future plans, the board approved a fundraise of up to ₹2,500 crore through equity and various convertible securities.
Story at a Glance
- Category
- MARKET
- Reported By
- cnbctv18
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Urban Company reported a widened net loss of ₹182.5 crore for Q2 FY27, despite a 41.4% revenue increase to ₹537.3 crore, driven by aggressive investments in its InstaHelp business. The board also approved a fundraise of up to ₹2,500 crore.
Home services platform Urban Company reported a consolidated net loss of ₹182.5 crore for the second quarter of FY27, compared with a loss of ₹59 crore in the year-ago period. However, its revenue grew 41.4% year-on-year to ₹537.3 crore from ₹380 crore in Q2 FY26.
EBITDA loss widened to ₹187.6 crore from ₹68.4 crore a year ago, as the company continued to invest aggressively in its InstaHelp business.
The company said its core business combined continued growth momentum with margin expansion, while unit economics improved at InstaHelp even as the business scaled rapidly.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
cnbctv18
Read the full, original unfiltered story directly on the publisher's portal.