India's Urban Company down 6% as second-quarter loss widens

Urban

Mon 05:07

** Shares of India's Urban Company URBN.NS fall 6% to 148.63 rupees
** Stock on course for biggest intraday percentage fall since November 10, 2025
** Online home services co says Q2 loss widened to 1.82 billion rupees ($19.17 million) from 593.3 million rupees a year ago
** Co's Instahelp segment's Q2 loss widened to 1.73 billion rupees from 429.1 million rupees
** Emkay Global says despite strong profitability, co's Instahelp remains loss-making with pricing recovery and unit economics as key monitorables
** Ambit says higher-than-expected loss in Instahelp segment and intense competition may elevate losses for next few quarters
** Motilal Oswal expects Instahelp to break even by FY31 with continued investments over the next few years
** Stock rated "hold" on avg by nine analysts, with median PT of 157.50 rupees - data compiled by LSEG
** Stock up 18.40% YTD
     


($1 = 94.9600 Indian rupees)

 (Reporting by Anushka Rajvedi in Bengaluru)
 ((mailto: anushka.rajvedi@thomsonreuters.com))