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Home services provider Urban Company Ltd on Friday reported a sharp widening of losses for the March 2026 quarter. The company posted a consolidated net loss of Rs 161.16 crore in Q4FY26, compared with a loss of Rs 99.8 crore in the year-ago period, according to its regulatory filing.
Following this, shares of Urban Company declined 4.74 per cent to close at Rs 139.67 crore, compared with the previous close of Rs 146.62 crore.
Urban Company’s revenue from operations in January-March 2026 rose to Rs 425.6 crore, up by 42.59 per cent compared with Rs 294.9 crore in the year-ago period, driven by steady demand across its core home services segments.
At the operating level, expenses surged to Rs 556.9 crore in the quarter, significantly higher than
Rs 320.35 crore in the corresponding period last year.
For the full financial year FY26, Urban Company reported a consolidated loss of Rs 234.8 crore, compared with a net profit of Rs 239.76 crore in FY25, even as revenue from operations climbed to Rs 1,692.23.5 crore from Rs 1,260.68 crore in the previous year.
Separately, the board approved the appointment of BSR & Co. LLP as statutory auditors for a five-year term, subject to shareholder approval at the upcoming AGM.
Urban Company also noted that the winding up of its Saudi Arabia-based step-down subsidiary has been delayed due to geopolitical and administrative factors, and is expected to be completed within the next five to six months.
