Stocks
Warning alarm for investors! Urban Company's shares tank after Q2 FY26 loss widens to Rs. 59 crore
Mumbai/IBNS: Home essential services provider Urban Company's shares fell sharply by over six percent on Monday after the company reported a net loss in the second quarter of the FY 2026, media reports said.
The company has reported a net loss of Rs. 59.3 crore in Q2 (July-September quarter).
The Gurugram-based platform attributed the net loss primarily due to its new daily housekeeping business, Insta Help.
The stock fell by 6.76% to Rs. 147.01 per piece at around 9:53 am on Monday, Zee Business reported.
Its revenue rose 37 percent year-on-year to Rs. 380 crore, up from Rs. 367 crore and Rs. 277 crore which were reported in the previous quarter and a year earlier respectively.
Urban Company's stock fell by over five percent since its debut in the market in September.
The benchmark Nifty 50 has gained around 1.6% in the same period, Zee Business reported.
The company announced its results on Saturday.
According to a report by Business Today, the total expenses increased to Rs. 462 crore in the last quarter, up from Rs. 384 crore in the first quarter of FY 2026, as the company increased its spending on partner training, onboarding and customer acquisition for the expansion of Instal Help.
"Our new business, Insta Help, is scaling rapidly and it has reached around 4.7 lakh orders in October but did incur a loss in Q2," Abhiraj Singh Bhal, co-founder and CEO and Urban Company, said as quoted by the media.
"We recognise that these short-term investments impact profitability, but the opportunity in Insta Help is significant and immediate."
The company took note of the fact that the early indicators of Insta Help suggested customers are engaging, adapting and repeating usage.
It says the continuing investments are crucial for its sustenance in the market as Insta Help has a long-term growth opportunity.
Urban Company is a platform that connects customers with trained professionals for a wide range of services at home, such as beauty and spa, cleaning, plumbing, carpentry, appliance repair, painting, and more.
It operates via a mobile app and website, letting users select a service, see pricing, book, and pay — all digitally.
They emphasise “expert/verified professionals”, set pricing, quality assurance, and full-service (the provider comes with tools and equipment) to differentiate from traditional unorganised service providers.
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