From The Economic Times · Debaroti Adhikary · · 1m 20s
Urban Company Shares Slide 7% on Q2 Loss
Urban Company shares drop 7% after Q2 net loss triples YoY due to InstaHelp investments.
In brief
Urban Company shares drop 7% after Q2 net loss triples YoY due to InstaHelp investments. Urban Company reported a Rs 182 crore Q2 net loss, tripling from Rs 59 crore a year earlier, as InstaHelp investments increased. Originally reported by The Economic Times.
Urban Company Shares Slide
Urban Company shares fell 7% to 146.50 on NSE after reporting a Q2 net loss of Rs 182 crore, tripling from Rs 59 crore a year earlier.
Q2 Net Loss Triples YoY
The company reported a net loss of Rs 182 crore for Q2 FY27, more than tripling from Rs 59 crore in Q2 FY26.
InstaHelp Investment Impact
InstaHelp, the quick home services business, fulfilled 6.2 million orders during the quarter, up 63% sequentially.
Revenue Growth
Urban Company's revenue from operations increased 41% year-on-year to Rs 537 crore in Q2 FY27.
NTV and Orders Jump
Net transaction value rose 39% YoY to Rs 1,432 crore, while orders delivered jumped 103% YoY to 15.1 million.
Adjusted EBITDA Loss
The company's consolidated adjusted EBITDA loss stood at Rs 144 crore, reflecting an investment of Rs 174 crore in InstaHelp.
Motilal Oswal Rating
Motilal Oswal maintained a 'Neutral' rating on Urban Company shares but reduced its target price to Rs 165, implying 4% upside potential.
The takeaway
Urban Company reported a Rs 182 crore Q2 net loss, tripling from Rs 59 crore a year earlier, as InstaHelp investments increased.
