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Urban Company Q2 revenue rises 41 per cent to Rs 537 crore; board approves fundraise of up to Rs 2,500 crore

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Urban Company Q2 revenue rises 41 per cent to Rs 537 crore; board approves fundraise of up to Rs 2,500 crore

Urban Company Q2 revenue rises 41 per cent to Rs 537 crore; board approves fundraise of up to Rs 2,500 crore

India Consumer Services, excluding InstaHelp, recorded NTV growth of 26.3 per cent to Rs 963 crore and adjusted EBITDA of Rs 34 crore, equivalent to 3.5 per cent of NTV, up from 2.4 per cent a year earlier. International NTV grew 66 per cent to Rs 267 crore, while net revenue increased 82 per cent to Rs 75 crore. Native, the company’s consumer products business, reported NTV growth of 35 per cent to Rs 132 crore and net revenue growth of 40 per cent to Rs 105 crore.

Urban Company Ltd reported a 41 per cent year-on-year increase in revenue from operations to Rs 537 crore in Q2 FY27, while consolidated net transaction value (NTV) rose 39 per cent to Rs 1,432 crore. 1 million, up 103 per cent year-on-year, and annual transacting users increased 35 per cent to nearly 10 million. Consolidated adjusted EBITDA stood at a loss of Rs 144 crore, reflecting a Rs 174 crore investment in InstaHelp, its instant home-help service. Excluding InstaHelp, adjusted EBITDA increased 213 per cent year-on-year to Rs 30 crore. The company reported Rs 119 crore in adjusted EBITDA from its core business over the first nine months of the period covered in its earnings release. The board has approved a fresh capital raise of up to Rs 2,500 crore, subject to shareholder approval. Urban Company closed the quarter with Rs 1,901 crore in cash and treasury investments.


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