India, Oct. 19 -- Shares of home services company Urban Company slumped 9.5% to Rs.143.30 apiece on the BSE during early trading today, following its Q2 FY27 results and board approval for a fundraise of up to Rs.2,500 Cr.

At 12:10 IST, the stock was trading 8.56% lower at Rs.144.75 on the BSE. The company's market capitalisation stood at Rs.22,323 Cr (about $2.7 Bn) at the time.

Urban Company reported a consolidated net loss of Rs.182.5 Cr for Q2 FY27 on Friday (October 16) as against a loss of Rs.59.3 Cr a year earlier and Rs.92.1 Cr in the preceding quarter.

Operating revenue rose 41% to Rs.537.3 Cr from Rs.380 Cr in Q2 FY26. However, total expenses increased 61.5% to Rs.745.7 Cr, driven largely by higher spending on its quick house...