← Today's brief

Business · Updated 16 Oct, 04:52 pm IST

Urban Company Q2 loss widens to ~Rs 182 crore as revenue jumps 41%

Image: ET Tech

Why it matters for readers: Explains why a growing business can still lose money if it spends on rapid expansion.

  • Net loss widened to about Rs 182–182.5 crore in Q2 FY27, up from Rs 59 crore a year earlier and Rs 92 crore in Q1.12
  • Operating revenue rose 41% YoY to around Rs 537 crore in the quarter.12
  • The company recorded an adjusted EBITDA loss of Rs 144 crore after a deliberate Rs 174 crore investment in InstaHelp.12
  • Board approved a fresh capital raise of up to Rs 2,500 crore, subject to shareholder approval, to fund investments and possible acquisitions.12
  • Key operational metrics showed growth: NTV grew ~39–40% YoY to about Rs 1,432 crore, orders delivered rose 103% YoY to 15.1 million, and annual transacting users grew ~35% to nearly 10 million.1

Get a brief like this every morning

Uzha reads hundreds of sources and gives you the stories that matter for your work, with every source linked. Free.

Get started

How this story developed

  1. 16 Oct, 04:39 pm · ET Tech

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

  2. 16 Oct, 04:52 pm · Inc42

    Urban Company Q2 Loss Widens Over 3X YoY To ₹182.5 Cr, Revenue Up 41%