Urban Company Slumps 9.5% After Q2 Loss Widens, Board Clears ₹2,500 Cr Fundraise
by Palak Sharma · Inc42SUMMARY
- Urban Company shares slumped 9.5% to ₹143.30 on the BSE after its Q2 FY27 loss widened and the board approved a fundraise of up to ₹2,500 Cr
- InstaHelp’s losses have constrained the company’s financial flexibility as it pursues growth opportunities, including Native’s planned entry into residential air conditioners
- Net loss widened to ₹182.5 Cr from ₹59.3 Cr a year earlier, while operating revenue rose 41% YoY to ₹537.3 Cr.