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Home services marketplace Urban Company's FY20 loss widens to Rs 155 cr, revenue doubles to Rs 263 c

Home administrations commercial center Urban Company saw its combined misfortunes broaden to Rs 155.17 crore in the monetary year 2020 by virtue of higher use, even as its all out pay practically multiplied, according to administrative records.


Metropolitan Company saw its complete pay nearly multiplying to Rs 263.07 crore in the monetary year 2020 from Rs 132.04 crore in the monetary year 2019, while its misfortune was at Rs 155.17 crore in the monetary year 2020 as against a deficiency of Rs 78.48 crore in the past financial, as indicated by Registrar of Companies recording shared by market insight firm Tofler.


Complete use on a merged premise developed 98.6 percent to Rs 418.25 crore in the monetary finished March 2020 when contrasted with Rs 210.52 crore in the first financial, it added.... continue reading….

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