Urban Company Q2 Loss Widens Over 3X YoY To ₹182.5 Cr, Revenue Up 41%
Consumer service brand Urban Company’s net loss has widened 208% YoY to ₹182.5 Cr in the Q2 FY27 from ₹59.3…
Urban Company, a consumer service brand, experienced a dramatic widening of its net loss to ₹182.5 Cr in Q2 FY27, more than tripling year-over-year (YoY) from ₹59.3 Cr in the previous quarter. The sequential quarterly loss almost doubled from ₹92.1 Cr. Despite the substantial increase in losses, the company's operating revenue surged by 41% to ₹537.29 Cr from ₹380.03 Cr in Q2 FY26. Quarterly operating revenue remained largely unchanged at ₹528.3 Cr.
Total income, including a ₹41.2 Cr contribution from other sources, amounted to ₹578.5 Cr. Meanwhile, total expenses surged by 61.5% to ₹745.7 Cr from ₹461.7 Cr in the same period last year. This sharp rise in expenses was primarily driven by a strategic ₹174 Cr investment in the fast-growing InstaHelp vertical. Adjusted EBITDA for the quarter stood at a staggering loss of ₹144 Cr, marking a 213% YoY decline and a 175% YoY increase compared to the previous three quarters.
The company also reported a loss of ₹8.1 Cr from a joint venture and incurred a tax expense of ₹7.2 Cr. The board of Urban Company approved the financial statements and further endorsed a ₹2,500 Cr fund raise via preferential allotment or a private placement of equity shares.
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