Urban Company's InstaHelp loss widens to Rs 174 crore on Rs 21 crore revenue

Urban Company's operating revenue grew 41% year-on-year to Rs 527 crore in Q2 FY27, but its losses tripled as it invested heavily in InstaHelp. The quick housekeeping vertical posted an adjusted EBITDA loss of Rs 174 crore on Rs 20.37 crore in revenue, from 6.2 million orders. Net order value fell to Rs 114 from Rs 138 amid intense competition and introductory pricing.

Source: Entrackr ↗