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.
In the first quarter of fiscal year 2027, several companies experienced profit growth while others faced declines. Sun Pharma saw a remarkable 49.6% increase in standalone PAT to Rs 1,115.14 billion, while Bajaj Finserv's PAT rose to Rs 1,117.60 crore. GAIL (India) also posted a significant jump in PAT to Rs 4,292.33 crore. Dixon Technologies reported a standalone PAT of Rs 498.10 crore, up from Rs 15.93 crore in the previous year.
Urban Company, however, reported a standalone net loss of Rs 84.28 crore in Q1FY27, marking a stark contrast to its profit of Rs 25.01 crore in the same period last year. Strides Pharma Science Ltd experienced a 56.7% increase in PAT to Rs 165.5 crore. Aditya Birla Capital Ltd reported a 40% rise in consolidated profit to Rs 1,175 crore.
GAIL (India) reported a standalone PAT of Rs 4,292.33 crore, while Indian Oil Corporation reported its first quarterly loss since September 2022 due to surging crude oil prices and weakened fuel demand.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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