India, Nov. 3 -- Shares of Urban Company dropped over 6% to INR 147.50 during the intraday trading session on the BSE after the company slipped into loss in Q2.

The consumer services major, which turned profitable ahead of its IPO, on Saturday (November 1) reported a rise in its net loss to INR 59.3 Cr in Q2 FY26 from INR 1.8 Cr in Q2 FY25. In Q1 FY26, it had reported a net profit of INR 6.9 Cr.

Operating revenue zoomed 37% YoY and 4% QoQ to INR 380 Cr in Q2 FY26.

At 11:10 IST, Urban Company shares had pared some of the gains and were trading 3.4% lower at INR 152.10 apiece on the BSE. The company's market capitalisation stood at INR 21,883.15 Cr (about $2.4 Bn), with over 1 Cr shares trading hands by then.

Urban Company made its debu...