Urban Company Q2 Results: Loss widens to Rs 182 crore; revenue jumps 41% YoY
Urban Company reported a net loss of Rs 182 crore in Q2FY27 as investments in its quick services business, InstaHelp, weighed on profitability. Revenue rose 41% year-on-year to Rs 537 crore, while orders grew 103%. The company also approved a fresh capital raise of up to Rs 2,500 crore, subject to shareholder approval.
We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.
Also reported by 2 other outlets
- Urban Company Q2 Revenue Jumps 41% To ₹537 Crore, Board Approves ₹2,500 Crore Fundraise freepressjournal.in
- Urban Company board approves plan to raise Rs 2,500 crore via QIP economictimes.indiatimes.com