- Urban Company Ltd reported a net loss of Rs 92 crore in Q1FY27, down from Rs 7 crore profit last year
- Revenue rose 43.9% year-on-year to Rs 528 crore, driven by strong demand in India and abroad
- EBITDA loss widened to Rs 92.7 crore from Rs 4.8 crore in the previous year quarter
Urban Company Ltd. reported a weak set of earnings for the quarter ended June 2026 (Q1FY27), as higher investments in growth initiatives weighed on profitability despite strong revenue growth.
The company reported a consolidated net loss of Rs 92 crore, compared with a net profit of Rs 7 crore in the same quarter last year.
Revenue from operations rose 43.9% year-on-year to Rs 528 crore, up from Rs 367 crore a year ago, supported by strong demand for home services across India and international markets.
At the operating level, the company reported an EBITDA loss of Rs 92.7 crore, compared with an EBITDA loss of Rs 4.8 crore in the year-ago period, as operating expenses increased.
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A key area of focus for investors is InstaHelp, Urban Company's quick home assistance service. The company has been spending heavily to expand this business, which has increased losses in recent quarters.
Urban Company is also expanding beyond its core marketplace. Its Native home products brand has continued to grow, while its international business in UAE, Singapore and Saudi Arabia is gaining traction.
The company has also increased the use of artificial intelligence (AI) to improve customer support, service quality and operational efficiency.
Investors will also watch whether the company's fast-growing business can return to profitability. Urban Company has said it aims to achieve adjusted EBITDA break-even by Q3 FY28 while continuing to invest in new services and expand its customer base.
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