Results16 Oct 2026 · Fri
URBANCOUrban Company
Urban Company's Q2 loss widens to ₹182.48 crore; board approves raising up to ₹2,500 crore
Urban Company's September-quarter net loss widened to ₹182.48 crore from ₹59.33 crore a year earlier, on revenue up 41.4% to ₹537.29 crore. Its board approved a plan to raise up to ₹2,500 crore.
Price, Friday's close₹157.00▲ 1.74%
Last 5 days
52-week low ₹100.7052-week high ₹183.97
- Sector
- Consumer services
What happened
- Urban Company reported a consolidated net loss of ₹182.48 crore for the September 2026 quarter, against ₹59.33 crore a year earlier, according to Upstox and Whalesbook.
- Revenue from operations rose 41.4% to ₹537.29 crore from ₹380.03 crore. Upstox put net transaction value, the total value of bookings on the platform, at ₹1,432 crore, up 39%. Whalesbook gave the first-half loss as ₹274.60 crore.
- Whalesbook reported that the board approved a plan to raise up to ₹2,500 crore through equity shares or convertible securities. Shareholder approval by postal ballot is needed.
- Whalesbook also noted a one-time insurance gain of ₹7.68 crore from the settlement of a May 2025 warehouse fire.
- The results came after the close. The shares closed at ₹157 on Kite data, up 1.74% from ₹154.31.
Why it matters
Good to know: Convertible securities are instruments, such as convertible bonds, that the holder can later exchange for shares. Raising money this way can add to the number of shares in issue.
Key facts
- Net loss
- ₹182.48 crore (₹59.33 crore a year earlier)
- Revenue
- ₹537.29 crore, up 41.4%
- Net transaction value
- ₹1,432 crore, up 39%
- Fundraise approved
- Up to ₹2,500 crore, subject to shareholder approval
Read the source
This is a summary of public news about Urban Company, for information only. It is not a recommendation to buy, sell or hold URBANCO.