Urban Company Slips Into Red In Q2, Posts INR 59 Cr Loss

After turning profitable in the run up to its IPO, consumer services major Urban Company plunged into loss in Q2 FY26. The company reported a multifold rise in its net loss to INR 59.3 Cr during the quarter from INR 1.8 Cr in Q2 FY25. In Q1 FY26, the company had reported a net profit of INR 6.9 Cr.

Operating revenue zoomed 37% YoY and 4% QoQ to INR 380 Cr in Q2 FY26. Including other income of INR 32.6 Cr, its total income for the quarter surged 36% YoY to INR 412.7 Cr. Total expenses for the…