Home services company Urban Company posted yet another loss-making quarter, reporting a consolidated net loss of ₹92.1 Cr in Q1 FY27 as against a profit of ₹6.9 Cr in the year-ago period.
The company had posted a loss of ₹161.2 Cr in the preceding March quarter.
Operating revenue zoomed 43.9% to ₹528.3 Cr during the quarter under review from ₹367.3 Cr in Q1 FY26.
Overall adjusted EBITDA loss for the quarter stood at ₹65 Cr as against an EBITDA profit of ₹21 Cr in the year-ago quarter and EBITDA loss of ₹98 Cr in Q4 FY26.
Total expenses surged 66.5% YoY to ₹639.9 Cr during the quarter as the company continued to invest aggressively to ramp up its instant home services vertical InstaHelp. The company said InstaHelp saw improvement in unit economics despite “rapid scale-up”.
InstaHelp’s revenue grew 26% QoQ to ₹11 Cr, while adjusted EBITDA loss ballooned to ₹132 Cr from ₹13 Cr in the March quarter.
The company reiterated that it expects InstaHelp losses to remain elevated due to investments to cement its “leadership position”.
“In this phase of category development, we are prioritising market leadership over everything else,” it said.
(The story will be updated soon)
The post Urban Company Posts ₹92 Cr Loss In Q1, Revenue Up 44% YoY appeared first on Inc42 Media.
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