Urban Company shares jump 18% to 12-week high after Q1 earnings
New Delhi, Aug. 3 -- Shares of home services marketplace Urban Company surged nearly 18% in Monday's intraday trade, August 3, to a 12-week high of Rs.152 apiece, as investors cheered the company's June-quarter earnings, which came in ahead of Street expectations.
The Gurugram-based company reported one of its strongest quarterly performances in recent years, driven by broad-based growth across its businesses and record profitability in its core operations. However, aggressive investments in its quick household-help venture, InstaHelp, along with a deferred tax expense, pushed the company into a net loss during the quarter.
For the quarter ended June 2026, consolidated Net Transaction Value (NTV) grew 42% year-on-year (YoY) to Rs.1,465 ...
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