Urban Company Q2 loss widens to ₹182 crore, shares fall 7.5%
By United One News · AI-generated summary of 3 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
Urban Company reported a Q2 net loss of ₹182 crore, causing its shares to drop 7.5% on Oct. 19.
- The loss increased from ₹59 crore in the same quarter last year.
- Revenue grew, but expenses rose faster, widening the loss.
- The stock became the biggest loser on the Nifty 500 that day.
Covered by 3 outlets across the spectrum: 0% left, 100% center, 0% right.
How each side framed it
Q2 Results Highlights: Urban Company’s loss widens; Bajaj Housing Finance PAT rises 18%; PNB, DLF, Oberoi, Crompton Greaves, Ujjivan SFB and Federal Bank post profit growth
Timeline
First to report: The Hindu BusinessLine (); 3 articles from 3 outlets so far.
Who is covering this story
- Center (3): The Hindu BusinessLine, Free Press Journal, Inc42
Sources
- Q2 Results Highlights: Urban Company’s loss widens; Bajaj Housing Finance PAT rises 18%; PNB, DLF, Oberoi, Crompton Greaves, Ujjivan SFB and Federal Bank post profit growth — The Hindu BusinessLine (center) ·
- Urban Company Shares Plunge Over 7% As Q2 Net Loss Widens To ₹182 Crore — Free Press Journal (center) ·
- Urban Company Slumps 9.5% After Q2 Loss Widens, Board Clears ₹2,500 Cr Fundraise — Inc42 (center) ·