Urban Company’s InstaHelp segment drove a dramatic 57-fold jump in net loss to Rs 161 crore in the March quarter of FY26. The company says the increase stems from higher spending as it pushes for market share in the fast-growing, cutthroat on-demand domestic help space, even if short-term profitability suffers.
Urban Company’s InstaHelp grew quickly in the March quarter, but the momentum came with a sharp rise in net losses. The company is pouring money into its on-demand domestic help business and says it will keep investing despite the drag on profitability. Meanwhile, competition in the segment is intensifying, raising pressure on margins.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
