Archive · 31 Jul 2026

Urban Company Q1 FY27: Rapid Growth, Net Loss, InstaHelp Push

Urban Company Q1 FY27: Rapid Growth, Net Loss, InstaHelp Push

Urban Company is a home‑services company that helps people hire workers for things like cleaning and repairs.

In the first quarter of its 2027 financial year, the company earned more money than it did a year ago, with revenue jumping 44% to ₹528 crore.

However, it still lost ₹92 crore because it spent a lot on a new service called InstaHelp and on tax costs.

The main part of the business, which serves customers in India, grew 31% and made a small profit margin of 6.9% of sales.

InstaHelp, the on‑demand housekeeping service, made less money and lost more money as it tried to grow fast.

The company said it will keep investing in InstaHelp but hopes to break even on overall earnings by the third quarter of FY28.

It also plans to reach ₹1,000 crore in profit by FY31.

The company added more than 1.2 million new users in the quarter, the first time it added that many in a single quarter.

Overall, the company is growing fast but still needs to manage costs to become profitable.

Sources