Urban Company posts Rs 383 Cr revenue and Rs 21 Cr loss in Q3 FY26

Urban Company has reported strong topline growth in the third quarter of the ongoing fiscal year (FY26), while consolidated losses continued due to heavy investments in its high-frequency housekeeping vertical, InstaHelp, according to its shareholder letter.

For the quarter ended December 31, 2025, the home services marketplace recorded Net Transaction Value (NTV) of Rs 1,081 crore, marking a 32% year-on-year increase. Revenue from operations rose 32% YoY to Rs 383 crore during the quarter.

Despite the growth, Urban Company reported a consolidated adjusted EBITDA loss of Rs 17 crore. The losses were steered by InstaHelp, which alone posted an adjusted EBITDA loss of Rs 61 crore in Q3 FY26. Excluding InstaHelp, the core biz delivered an adjusted EBITDA profit of Rs 44 crore. Overall, its net losses stood at Rs 21 crore during Q3FY26.

According to the shareholder letter, Urban Company had 7.8 million annual transacting users and 59,475 monthly active service partners in Q3 FY26.

The company’s India Consumer Services business (excluding InstaHelp) remained profitable. The segment reported NTV of Rs 781 crore, while revenue from operations increased 26% YoY to Rs 265 crore.

Urban Company’s Native brands business recorded a 93% year-on-year growth in NTV to Rs 79 crore, while revenue doubled to Rs 62 crore during the quarter. The international business (UAE and Singapore, excluding KSA) also posted strong growth, with NTV rising 79% YoY to Rs 193 crore and revenue increasing to Rs 50 crore.

In contrast, InstaHelp clocked 1.61 million orders and Rs 28 crore in NTV, with revenue of Rs 6.8 crore in Q3 FY26. However, the vertical continued to drag profitability, reporting an adjusted EBITDA loss of Rs 61 crore.

According to the letter, Urban Company closed Q3 FY26 with a cash balance of Rs 2,095 crore, providing sufficient runway as it continues to invest in new categories while maintaining profitability in its core marketplace.

During the quarter, the Gurugram-based company also approved the grant of 70.82 lakh stock options under its Employee Stock Option Scheme 2015, which will be valued at Rs 88 crore.

Urban Company’s shares were trading at Rs 124.7 per share, giving the company a market capitalization of Rs 18,033 crore ($2 billion).