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Urban Company Q2 Results: Loss triples to Rs 183 crore, plans to raise Rs 2,500 crore
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CNBC Awaaz•16-10-2026, 16:30
Urban Company Q2 Results: Loss triples to Rs 183 crore, plans to raise Rs 2,500 crore
- •Urban Company reported a sharp increase in its net loss, which widened to Rs 183 crore for the September quarter compared to Rs 59 crore last year.
- •The company's revenue from operations grew significantly, rising from Rs 380 crore in the corresponding quarter last year to Rs 537 crore.
- •EBITDA loss also expanded notably to Rs 188 crore from Rs 68 crore reported in the same quarter of the previous fiscal year.
- •The company has announced plans to raise Rs 2,500 crore through a combination of equity and debt instruments.
Key Questions Answered
Urban Company reported a net loss of Rs 183 crore for the September quarter, widening from a loss of Rs 59 crore in the same period last year. Meanwhile, the company's revenue from operations increased to Rs 537 crore compared to Rs 380 crore year-on-year.
Urban Company has announced a plan to raise Rs 2,500 crore through a combination of equity and debt to provide strategic flexibility and invest across its verticals.
Urban Company's share price closed 1.74 percent higher at Rs 157 on October 16, 2026. The stock has risen 17.02 percent over the preceding six months.
