Urban Company Q3: Net Loss at ₹21 Crore Amid InstaHelp Scale-Up, Revenue Jumps 33%
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CNBC TV18•23-01-2026, 20:22
Urban Company Q3: Net Loss at ₹21 Crore Amid InstaHelp Scale-Up, Revenue Jumps 33%
- •Urban Company reported a consolidated net loss of ₹21.3 crore in Q3FY26, a significant shift from a ₹231.8 crore profit in the prior year.
- •The loss is primarily attributed to substantial investments in scaling its quick housekeeping vertical, InstaHelp.
- •Revenue from operations increased by 33% year-on-year to ₹382.7 crore, with total income reaching ₹418.8 crore.
- •InstaHelp saw massive growth, processing 1.61 million orders (+176% QoQ) and achieving an NTV of ₹28 crore (+178% QoQ), though incurring an adjusted EBITDA loss of ₹61 crore.
- •Urban Company partnered with Amber Enterprises India Limited to manufacture products for its in-house brand 'Native', including water purifiers, smart locks, and future ACs.
Why It Matters: Urban Company posted a net loss in Q3 due to heavy investment in InstaHelp, despite strong revenue growth.
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