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Urban Company Q1 Results: Firm posts Rs 92 crore loss vs profit year ago; revenue rises 44% YoY
Summary by Times of India
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4 Articles
Urban Company Q1 Results: Firm posts Rs 92 crore loss vs profit year ago; revenue rises 44% YoY
The company’s total expenses surged 66.5% YoY to Rs 640 crore, while total income increased 42% YoY to Rs 566 crore during the first quarter of the ongoing financial year 2027.
Urban Company reports Rs 528-Cr revenue in Q1 as InstaHelp weighs on profit | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews
Home services marketplace Urban Company reported a 44% year-on-year (YoY) increase in operating revenue for the first quarter of FY27. However, the company posted a net loss of Rs 92 crore as it continued to invest heavily in its quick-service housekeeping vertical, InstaHelp. According to the company’s unaudited financial results sourced from the National Stock Exchange (NSE), revenue from operations increased to Rs 528 crore in Q1 FY27 from Rs…
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