Urban Company Q2 net loss widens to Rs 182 cr
Mumbai, Oct. 17 -- Revenue from operations jumped 41.38% YoY to Rs 537.29 crore in Q2 FY27.
The company's loss before tax widened to Rs 175.29 crore in Q2 FY27 from Rs 59.33 crore in Q2 FY26.
Net transaction value (NTV) increased 39% YoY to Rs 1,432 crore, while the number of orders delivered more than doubled to 15.1 million, registering a growth of 103% YoY.
The company's adjusted EBITDA loss stood at Rs 144 crore in Q2 FY27, reflecting an investment of Rs 174 crore in its InstaHelp business. Excluding InstaHelp, adjusted EBITDA rose 213% YoY to Rs 30 crore, indicating improved profitability in its core operations.
Urban Company's core India Consumer Services business recorded NTV growth of 26.3% YoY to Rs 963 crore. Adjusted EBITDA...
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