Saturday, 1 November, 2025
Urban Company Losses Widen on Strategic Growth Push
At-home services platform Urban Company reported a 37% year-on-year jump in operating revenue to ₹380 crore for the September quarter. However, its net loss widened sharply to ₹59 crore, primarily due to aggressive investments in its new high-frequency service, 'Insta Help'. The company expects these strategic expenditures to continue, prioritizing market expansion and customer adoption over short-term profitability.
Read full story at Economic Times