Urban Company Shares Tumble 42% from High, Nearing IPO Price After Q3 Results
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CNBC TV18•27-01-2026, 13:11
Urban Company Shares Tumble 42% from High, Nearing IPO Price After Q3 Results
- •Urban Company shares dropped 42% from their post-listing high, nearing IPO price after Q3 earnings.
- •The stock traded 6% lower on January 27 following the December quarter results.
- •Revenue increased 33% year-on-year to ₹382.68 crore, but EBITDA loss widened to ₹35.31 crore.
- •The company reported a net loss of ₹21.26 crore in Q3FY26, reversing a profit from Q3FY25.
- •India business showed steady growth with revenue up 25.5% and EBIT up 50.1%, while Native brand revenue doubled.
Why It Matters: Urban Company shares are significantly down post-Q3 results, with widening losses despite revenue growth.
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