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Urban Company Q2 Loss Widens to ₹182.5 Crore Despite 41% Revenue Growth
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CNBC TV18•16-10-2026, 16:54
Urban Company Q2 Loss Widens to ₹182.5 Crore Despite 41% Revenue Growth
- •Urban Company reported a consolidated net loss of ₹182.5 crore for Q2 FY27, widening from ₹59 crore in the year-ago period, despite revenue growing 41.4% year-on-year to ₹537.3 crore.
- •The board has approved a fundraise of up to ₹2,500 crore through equity and convertible securities and plans to explore residential air conditioners under its Native brand.
- •InstaHelp order volumes rose 63% quarter-on-quarter to 6.2 million, though the segment reported an adjusted EBITDA loss of ₹174 crore during the quarter.
- •The India Consumer Services segment saw NTV grow 26.3% year-on-year to ₹963 crore, with adjusted EBITDA improving to ₹34 crore.
- •The company remains on track to achieve adjusted EBITDA breakeven by Q3 FY28 and an adjusted EBITDA of ₹1,000 crore by FY31.
Key Questions Answered
Urban Company reported a consolidated net loss of ₹182.5 crore for the second quarter of FY27, widening from a loss of ₹59 crore in the year-ago period. Meanwhile, its revenue from operations grew by 41.4% year-on-year to reach ₹537.3 crore, up from ₹380 crore in Q2 FY26.
The widening net loss was primarily driven by continued aggressive investments and cash burn in the company's quick services vertical, InstaHelp, as it scales up operations and competes in the sector.
Urban Company's board approved a fundraise of up to ₹2,500 crore via equity and convertible securities to gain strategic flexibility. The company also granted in-principle approval to explore residential air conditioners as a new product category under its Native brand.
