India, May 11 -- Shares of Urban Company nosedived 10.8% to hit a low of Rs.124.5 during the intraday trading on the BSE today after the home services platform reported a sharp rise in its Q4 FY26 loss despite strong top line growth.
The stock later pared some of the losses and was trading 8.2% lower at Rs.128 at 11:44 IST. Its market capitalisation stood at Rs.19,590.3 Cr (about $2 Bn) at the time.
On Friday, Urban Company reported a 56.7X rise in its net loss to Rs.161.2 Cr in Q4 FY26 from Rs.2.8 Cr in the year-ago quarter, as investments in its quick home services vertical InstaHelp weighed on the bottom line. Sequentially, loss widened more than 656% from Rs.21 Cr.
Meanwhile, operating revenue rose 42.6% YoY to Rs.425.6 Cr during t...
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