Mumbai/IBNS, Nov. 3 -- Home essential services provider Urban Company's shares fell sharply by over six percent on Monday after the company reported a net loss in the second quarter of the FY 2026, media reports said.

The company has reported a net loss of Rs. 59.3 crore in Q2 (July-September quarter).

The Gurugram-based platform attributed the net loss primarily due to its new daily housekeeping business, Insta Help.

The stock fell by 6.76% to Rs. 147.01 per piece at around 9:53 am on Monday, Zee Business reported.

Urban Company's stock fell by over five percent since its debut in the market in September.

The benchmark Nifty 50 has gained around 1.6% in the same period, Zee Business reported.

The company announced its results on Sa...