Urban Company Q1 Results: Firm posts Rs 92 crore loss vs profit year ago; revenue rises 44% YoY
Urban Company slipped to a Rs 92 crore net loss in Q1 FY27 despite a 44% year-on-year rise in revenue to Rs 528 crore, as aggressive expansion of its InstaHelp business weighed on profitability. The company, however, reported strong growth across its core India, international and Native businesses.
Urban Company slipped to a Rs 92 crore net loss in Q1 FY27 despite a 44% year-on-year rise in revenue to Rs 528 crore, as aggressive expansion of its InstaHelp business weighed on profitability. The company, however, reported strong growth across its core India, international and Native businesses.
