What caused Urban Company's net loss in Q3FY26?

Urban Company's net loss in Q3FY26 was primarily due to continued investments in scaling its quick housekeeping vertical, InstaHelp.

How did Urban Company's revenue perform in Q3FY26?

Urban Company's revenue from operations increased by 33% year-over-year, reaching ₹382.7 crore in the December quarter.

What is the current status of InstaHelp's performance for Urban Company?

InstaHelp saw significant growth in orders and net transaction value, though it incurred an adjusted EBITDA loss of ₹61 crore in Q3FY26.

Home / Business and Economy / Urban Company Swings to Loss Amid Aggressive Scaling

Urban Company Swings to Loss Amid Aggressive Scaling

23 Jan

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Summary

Urban Company reported a net loss of ₹21.3 crore in Q3FY26.
Investments in scaling InstaHelp led to the significant net loss.
Revenue from operations increased 33% year-over-year to ₹382.7 crore.

Urban Company Swings to Loss Amid Aggressive Scaling

Urban Company recorded a consolidated net loss of ₹21.3 crore in the third quarter of fiscal year 2026, a notable decline from the ₹231.8 crore net profit reported in the same period last year. The company attributed this financial outcome to its ongoing commitment to investing heavily in the expansion of its quick housekeeping service, InstaHelp.

Sequentially, the net loss narrowed by 64% compared to the second quarter of fiscal year 2026. Total income, including other income, rose by 33% year-over-year to ₹418.8 crore, driven by a 33% increase in revenue from operations, which stood at ₹382.7 crore.

Expenses for the quarter saw a 43% increase compared to the previous year, reaching ₹432.8 crore. Notably, the prior year's results included a one-time deferred tax credit of ₹215.5 crore. Without this, Urban Company's Q3FY25 profit was ₹16.4 crore.