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Technology

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

Economic Times - Tech ·
Urban Company Q2 Results: Loss widens to Rs 182 crore; revenue jumps 41% YoY

Urban Company reported a net loss of Rs 182 crore in Q2FY27 as investments in its quick services business, InstaHelp, weighed on profitability.

Revenue rose 41% year-on-year to Rs 537 crore, while orders grew 103%.

The company also approved a fresh capital raise of up to Rs 2,500 crore, subject to shareholder approval.

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