16-Oct-2026 17:20:43
Urban Company Q2 Loss Widens to ₹182 Crore Despite 41% Revenue Growth; Board Approves ₹2,500 Crore QIP
Urban Company reported a consolidated net loss of ₹182 crore for Q2 FY27, sharply higher than ₹59 crore a year ago, as investments in its quick-services business, InstaHelp, weighed on profitability. Revenue grew 41% year-on-year, reflecting continued business expansion. Separately, the company’s board approved raising up to ₹2,500 crore through a Qualified Institutional Placement (QIP). The proposed fundraise will strengthen its capital base and support expansion amid intensifying competition in India’s home-services market.