BENGALURU, Oct. 16 -- Urban Company Ltd is prioritizing growth in its instant house-help service InstaHelp over near-term profitability, even as its core businesses become more profitable. A year after its stock-market debut, the home-services platform is absorbing mounting losses to scale the offering.

Revenue rose 41.4% year-on-year to Rs.537.3 crore in the September quarter, beating Bloomberg's consensus estimate of Rs.517.1 crore. Net loss widened to Rs.182.5 crore from Rs.59.3 crore a year earlier, against an estimated loss of Rs.134 crore.

"Every segment of our business has scaled well, growth has stepped up," co-founder and chief executive Abhiraj Bhal said on the earnings call.

Consolidated net transaction value (NTV) rose 39.1...