Urban Company Approves Q2 2026 Financial Results; Reports Segment Performance and Subsidiary Closure

Urban Company Approves Q2 2026 Financial Results; Reports Segment Performance and Subsidiary Closure

Urban Company Approves Q2 2026 Financial Results; Reports Segment Performance and Subsidiary Closure​

Urban Company Limited (UCL) announced the approval of its unaudited financial results for the quarter ended June 30, 2026, encompassing both consolidated and standalone performance figures. The Board of Directors approved these results on July 31, 2026, after reviewing reports issued by statutory auditors.

The company's consolidated financial statements reflect revenue totaling 566.17 crores in the quarter ended June 30, 2026, compared to 462.30 crores for the quarter ended March 31, 2026, and 398.49 crores for the quarter ended June 30, 2025.

Consolidated Financial Highlights (Quarter ended June 30, 2026)​

The unaudited consolidated results show the following financial details:

ParticularsQ ending June 30, 2026 (Unaudited)Q ending March 31, 2026 (Audited)Q ending June 30, 2025 (Unaudited)Year ending March 31, 2026 (Audited)
Total income566.17462.30398.491,692.23
Total expenses639.88556.85384.251,835.66
Profit/ (loss) before tax(73.71)(99.86)14.24(143.43)
Total comprehensive income / (loss)(86.88)(159.18)10.82(227.40)

Standalone Financial Highlights (Quarter ended June 30, 2026)​

The standalone financial results for the quarter ended June 30, 2026, include a total income of 418.70 crores. Expense totals were reported at 494.61 crores, leading to a profit/ (loss) before tax of (75.91) crores.

ParticularsQ ending June 30, 2026 (Unaudited)Q ending March 31, 2026 (Audited)Q ending June 30, 2025 (Unaudited)Year ending March 31, 2026 (Audited)
Total income418.70322.93303.861,235.46
Total expenses494.61417.16280.151,370.62
Profit / (loss) before tax(75.91)(94.23)23.71(135.16)

Operational Updates and Segment Analysis​

The financial results for the quarter ended June 30, 2026, incorporate several key operational events and reporting details:

  • Subsidiary Closure: The Group reported that it formally dissolved its step-down subsidiary, Urban Company Arabia for Information Technology, incorporated in the Kingdom of Saudi Arabia, on May 24, 2026. Consequently, an accumulated Foreign Currency Translation Reserve amounting to 5.27 crores was reclassified to the Consolidated Statement of Profit and Loss as an exceptional item during the quarter.
  • ESOP Allotment: During the quarter ended June 30, 2026, the "ESOP Trust" allotted 103,59,538 equity shares of 1/- each under the Employee Stock Option Plan, 2015 (ESOP - 2015).
  • Segment Performance: The Group reports its performance across four segments: India consumer services (excluding InstaHelp), Native, International business, and InstaHelp.

The revenue from external customers for the consolidated results stood as follows for the relevant periods:

SegmentQ ending June 30, 2026 (Unaudited)Q ending March 31, 2026 (Audited)Q ending June 30, 2025 (Unaudited)Year ending March 31, 2026 (Audited)
India consumer services (excluding InstaHelp) - Total Revenue356.42288.47271.611,086.62
Native Revenue95.2870.2259.55266.95
International business Revenue65.4257.9335.89184.59
InstaHelp Revenue11.228.940.2217.38

The segment results for the consolidated statement included a Profit/ (loss) of (54.15) crores for the quarter ended June 30, 2026.

URBANCO Stock Price Movement​

Urban Company Limited shares shed value, closing down 1.15% at ₹129.39 after trading today. The stock traded within an intraday range of ₹128.7 and ₹131.94, with a total volume of 1.24 million shares recorded for the session.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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