Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27, H1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 of SEBI LODR Regulations, 2015, containing approval of unaudited financial results and corporate proposals.

Date of Board Meeting / Approval: October 16, 2026

Audit Opinion: The limited review report by B S R & Co. LLP expressed an unmodified conclusion. The financial results are unaudited.

Auditor’s Comment: The review report noted that the unaudited financial results of one trust (Urban Company ESOP Trust) were included but not reviewed. Management considered these results immaterial to the Group. The conclusion was not modified for this matter.

Key Financial Highlights [All amounts in ₹ crore]

Consolidated Results:

Revenue from Operations:

  • Q2 FY27: ₹537.29 crore (41.4% increase YoY from ₹380.03 crore in Q2 FY26)
  • H1 FY27: ₹1,065.63 crore (42.6% increase YoY from ₹747.30 crore in H1 FY26)

Total Income:

  • Q2 FY27: ₹578.45 crore
  • H1 FY27: ₹1,144.62 crore

Net Profit/(Loss):

  • Q2 FY27 Net Loss: ₹(182.48) crore (worsened from ₹(59.33) crore loss in Q2 FY26)
  • H1 FY27 Net Loss: ₹(274.60) crore (worsened from ₹(52.39) crore loss in H1 FY26)

EPS (not annualized, Face Value ₹1):

  • Q2 FY27 Basic & Diluted: ₹(1.20)
  • H1 FY27 Basic & Diluted: ₹(1.80)

Other Equity:

  • As of September 30, 2026: ₹1,831.56 crore (Unaudited)
  • As of March 31, 2026: ₹1,997.37 crore (Audited)

Cash and Cash Equivalents:

  • As of September 30, 2026: ₹121.31 crore (includes ₹3.36 crore in IPO escrow)
  • As of March 31, 2026: ₹119.69 crore

Debt: Not separately disclosed as a line item. Finance costs were ₹3.28 crore for Q2 FY27.

Standalone Results:

Revenue from Operations:

  • Q2 FY27: ₹367.47 crore
  • H1 FY27: ₹743.01 crore

Net Profit/(Loss):

  • Q2 FY27 Net Loss: ₹(187.55) crore
  • H1 FY27 Net Loss: ₹(271.83) crore

EPS (not annualized, Face Value ₹1):

  • Q2 FY27 Basic & Diluted: ₹(1.23)
  • H1 FY27 Basic & Diluted: ₹(1.78)

Other Equity:

  • As of September 30, 2026: ₹2,321.51 crore (Unaudited)
  • As of March 31, 2026: ₹2,489.91 crore (Audited)

Cash and Cash Equivalents:

  • As of September 30, 2026: ₹20.89 crore (includes ₹3.36 crore in IPO escrow)
  • As of March 31, 2026: ₹46.91 crore

Segment-wise Performance:

The company reports under four segments: India consumer services (excluding InstaHelp), Native, International business, and InstaHelp.

Revenue from External Customers (H1 FY27):

  • India consumer services (ex-InstaHelp): ₹692.80 crore (Services: ₹555.14 cr, Products: ₹137.66 cr)
  • Native: ₹200.65 crore
  • International business: ₹140.42 crore
  • InstaHelp: ₹31.76 crore

Segment Results (Profit/Loss) (H1 FY27):

  • India consumer services (ex-InstaHelp): Profit of ₹125.41 crore
  • Native: Loss of ₹(15.70) crore
  • International business: Profit of ₹8.90 crore
  • InstaHelp: Loss of ₹(304.70) crore

The InstaHelp segment was the primary driver of the overall consolidated loss.

Corporate Actions:

Dividend: Not declared.

Fundraising: The Board approved a proposal to raise funds up to an aggregate amount of ₹2,500 crore. The funds will be raised by issuing equity shares and/or other securities convertible into equity shares (including warrants, fully convertible debentures, convertible preference shares) through preferential allotment and/or private placement, including a Qualified Institutions Placement (QIP). The issuance is subject to shareholder approval via postal ballot and necessary regulatory/statutory approvals.

ESOPs: During H1 FY27, the ESOP Trust transferred 2,06,11,561 equity shares (Face Value ₹1 each) pursuant to the exercise of stock options under the Employee Stock Option Plan, 2015.

Other Significant Information:

New Business Exploration: The Board granted in-principle approval to explore residential air conditioners as a new line of business under the Native segment. A commercial launch and related capex would require further Board approval.

Insurance Claim: Other income for Q2 FY27 includes ₹7.68 crore (Consolidated) / ₹1.55 crore (Standalone) received as a full and final settlement for an inventory loss from a fire at a leased warehouse in Bhiwandi, Maharashtra, on May 12, 2025. A loss of ₹9.11 crore (Consolidated) / ₹2.07 crore (Standalone) was recognized in FY26.

Listing: The company's equity shares were listed on NSE and BSE on September 17, 2025.