The home services platform reported a consolidated net loss of ₹92.12 crore for Q1FY27, compared with a consolidated net profit of ₹6.94 crore in the year-ago period.

The companys total expenses surged 66.5% YoY to Rs 640 crore, while total income increased 42% YoY to Rs 566 crore during the first quarter of the ongoing financial year 2027.

The Gurugram-based company, which went public last August, competes with Lightspeed-backed Snabbit and General Catalyst-backed Pronto in the 10-minute househelp market. Urban…

Revenue rises 44% to ₹528.34 crore; targets Adjusted EBITDA breakeven by Q3 FY28