Urban Company reported its financial performance for the second quarter of FY26, posting a net loss of ₹59.33 crore, compared to a profit of ₹6.94 crore in the previous quarter (Q1 FY26). The company had reported a loss of ₹1.82 crore in the same quarter last year (Q2 FY25).
Despite the quarterly loss, revenue from operations grew to ₹380.03 crore in Q2 FY26 from ₹367.27 crore in Q1 FY26, while other income stood at ₹32.63 crore, taking the total income to ₹412.66 crore for the quarter. This marks a strong improvement from ₹304.05 crore in Q2 FY25.
On a half-yearly basis (H1 FY26), the company’s total income stood at ₹811.15 crore, compared to ₹611.99 crore in the same period last year (H1 FY25).
Expenses and margins
Total expenses for the quarter were ₹461.73 crore, up from ₹384.25 crore in the previous quarter. Key components included:
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Purchase of stock-in-trade: ₹102.63 crore
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Employee expenses: ₹113.75 crore
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Other expenses: ₹236.47 crore
Urban Company also reported a share of JV loss of ₹10.26 crore, compared to ₹8.60 crore in Q1 FY26.
H1 FY26 performance
For the half-year ended September 2025:
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Total income: ₹811.15 crore
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Net loss: ₹52.39 crore
The company had posted a full-year profit of ₹239.76 crore in FY25, reflecting a sharp YoY swing in performance as it continues investing in expansion and service operations.
Shares of Urban Company made a stellar debut on Wednesday, September 17, surging 57.52% to Rs 162.25 on the NSE, marking one of the strongest listings of 2025. The stock jumped Rs 59.25 from its issue price in early trade, signaling strong investor demand for the home services marketplace.
According to its financials disclosed in the Red Herring Prospectus, Urban Company reported a net profit of Rs 290 crore for the year ended March 2025, a massive 2,690.9% growth year-on-year. Revenue for the same period stood at Rs 910 crore, reflecting a 32.4% annual growth.
The IPO was managed by leading book running lead managers (BRLMs) — Goldman Sachs (India) Securities, Kotak Mahindra Capital, JM Financial, and Morgan Stanley India.
Urban Company has marked several milestones in its journey: launching home services in Dubai in 2018, signing an MoU with NSDC in 2019, rebranding in 2020, introducing Native Water Purifiers in 2023, and forming a JV with Saneem Investment Company in Saudi Arabia in 2024. The company also partnered with NITI Aayog last year to scale women-led MSMEs across India.
