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Urban Company shares surged 17.66%. (Pic Credit: Shutterstock/ETNOW)
Urban Company share price: Urban Company's shares rose 17.66 per cent to Rs 152.20 on Monday, August 3, after reporting strong business growth in Q1 FY27, with revenue increasing sharply and losses narrowing on a sequential basis.
Urban Company on Friday reported a consolidated net loss of Rs 92.12 crore for the first quarter ended June 30, 2026. Revenue from operations during the quarter under review stood at Rs 528.34 crore, marking a growth of 43.85 per cent from Rs 367.27 crore in the April-June period of the preceding financial year.
On a sequential basis, the net loss narrowed from Rs 161.16 crore in the preceding March quarter, while revenue rose 24 per cent from Rs 425.56 crore. The company's total expenses rose to Rs 639.88 crore in the first quarter of FY27, compared to Rs 384.25 crore in the year-ago period, driven largely by higher employee benefit expenses, purchases of stock-in-trade, and other costs, according to PTI.
In a shareholder letter, Urban Company said its consolidated Net Transaction Value (NTV) grew 42 per cent year-on-year to Rs 1,465 crore. The company added approximately 1.2 million new users during the quarter -- the first time it has crossed the one-million mark in a single quarter, as per PTI.
"Q1 FY27 was one of the strongest quarters in Urban Company's history. Growth accelerated across nearly every part of the business, while the profitability of our core operations reached a new high. At the same time, we continued to invest aggressively in lnstaHelp, where unit economics improved despite rapid scale-up," the company said.
The firm's India consumer services segment (excluding InstaHelp) saw its revenue grow 31 per cent year-on-year to Rs 356 crore.
The international business, which includes operations in the UAE and Singapore, reported an 82 per cent surge in revenue to Rs 65 crore. The company's 'Native' brand, which includes water purifiers and smart locks, recorded a 60 per cent increase in revenue to Rs 95 crore, PTI report stated.
The company stated it remains on track to target consolidated adjusted EBITDA breakeven by the third quarter of FY28, with approximately Rs 1,000 crore of adjusted EBITDA by FY31.
Akshat Mittal
Chief Copy Editor
Akshat Mittal is the Chief Copy Editor at ET NOW with over 6 years of experience, specialising in Markets, Personal Finance, and General News. Before joining ET NOW, he worked with prominent media organisations and has reported on numerous major events firsthand. He has also conducted several high-profile interviews on topics such as the 8th Pay Commission and the IMF’s loan to Pakistan amid Operation Sindoor. Akshat has been involved in numerous key business launches, covering these events on the ground. His articles are widely published in national magazines and newspapers, where he has conducted several interviews with prominent political figures. He was the first to bring out the IMF spokesperson’s statement on the voting pattern of the Executive Directors, following reports claiming that 'no is not an option' in the IMF voting procedure. Akshat is passionate about public speaking and has delivered numerous lectures at colleges and schools. He also served as a member of a Youth Parliament in Delhi.
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