BusinessPhoto: Mint MarketsUrban Company Shares Fall Over 8% After Q2 Results
Urban Company shares fell more than 8% on 19 October after Q2FY27 results showed a 39% year-on-year rise in net transaction value to ₹1,432 crore and 41% revenue growth to ₹537 crore. Orders delivered doubled to 1.51 crore, and annual users rose 35% to nearly 1 crore. Adjusted EBITDA was -₹144 crore due to a ₹174 crore investment in InstaHelp. The board approved a ₹2,500 crore capital raise, pending shareholder approval.
Mint Markets·



