Urban Company544515Home services, consumer
Urban Company's core business grew steadily but losses widened due to competitive pressure in instant help services from Snabbit, prompting a 2,500 crore rupee fundraiser
By ScoutQuest · · 1 min read
- Core revenue growth YoY
- 29 percent
- EBIT margin change
- from 4 percent to 13 percent
- Overall company loss
- 182 crore rupees
- Prior year loss
- 60 crore rupees
- Insta Help revenue
- 20 crore rupees
Heard on business television between 08:34:11 - 08:37:11 IST.
- Core services and products revenue grew 29% YoY, EBIT margins jumped from 4% to about 13%
- Seasonal moderation quarter-on-quarter but growth on a YoY path
- Overall company loss expanded to 182 crore rupees from about 60 crore, largely due to Insta Help investment
- Insta Help segment reported 20 crore revenue and an EBIT loss of 173 crore rupees
- Board approved a 2,500 crore rupee fundraiser as competitor Snabbit reported comparable numbers the same day, raising competitive concerns
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Source: Live TV News Channel · 19 Oct 2026
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