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The Economic Times

Business

Akash Podishetti

Urban Company Q2 Results: Loss widens to Rs 182 crore; revenue jumps 41% YoY

Urban Company InstaHelp Native

Urban Company on Friday reported a net loss of Rs 182 crore in the September quarter, widening from Rs 59 crore a year earlier and Rs 92 crore in the June quarter, as the home services platform stepped up investments in its quick services business, InstaHelp.

Revenue from operations rose 41% year-on-year to Rs 537 crore in the second quarter of FY27. Net transaction value (NTV) grew 39% YoY to Rs 1,432 crore, while orders delivered increased 103% YoY to 15.1 million. Annual transacting users rose 35% to nearly 10 million.

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