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Urban Company (URBANCO) investor relations material
Urban Company Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY27 NTV rose 39.1% YoY to INR 1,432.3 crore, revenue from operations rose 41.4% to INR 537.29 crore, and delivered orders more than doubled to 15.1 million.
Growth held near 40% for three consecutive quarters, driven by new-user acquisition, repeat behavior and denser micro-markets.
Consolidated net loss widened to INR 182.48 crore; InstaHelp was the largest segment loss contributor.
Financial highlights
Adjusted EBITDA loss was INR 144 crore, reflecting INR 174 crore of InstaHelp investment; excluding InstaHelp, adjusted EBITDA was positive INR 30 crore, up 213% YoY.
Excluding InstaHelp, adjusted EBITDA totaled INR 119 crore over the past three quarters, up 175% YoY.
Q2 total income was INR 578.45 crore and total expenses were INR 745.67 crore; H1 totals were INR 1,144.62 crore and INR 1,385.55 crore, respectively.
H1 consolidated operating cash outflow was INR 135.95 crore versus INR 18.50 crore in H1 FY26.
Cash and treasury investments stood at INR 1,901 crore at quarter-end.
Outlook and guidance
Combined Q2 and Q3 YoY growth is expected in the 50%-55% range.
Adjusted EBITDA break-even remains targeted by Q3 FY28; the FY31 adjusted EBITDA goal is INR 1,000 crore.
InstaHelp break-even is targeted for FY31; management expects steady-state pricing near INR 200/hour and net order value near INR 300.
- Q1 growth accelerated as InstaHelp investment deferred consolidated breakeven to Q3 FY28.URBANCO
Investor presentation - Record revenue growth, narrowing losses, and robust segment performance with expanding equity.URBANCO
Q1 26/27 - Record revenue growth, but net losses driven by deferred tax reversals and InstaHelp losses.URBANCO
Q4 25/26 - Q3 FY26 delivered strong growth and margin gains, but net losses amid higher expenses and new initiatives.URBANCO
Q3 25/26 - Revenue up 37% YoY, India profitable, international breakeven, InstaHealth drives losses.URBANCO
Q2 25/26
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