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Urban Company slips into loss in Q3; revenue up 33% at Rs 383 crore

Urban Company slips into loss in Q3; revenue up 33% at Rs 383 crore

The at-home services platform reported a loss of Rs 21 crore in Q3, compared to a profit of Rs 231 crore a year earlier, driven by a one-time tax gain. Per cofounder and chief executive Abhiraj Singh Bhal, the house-help business needs to reduce losses per order to reach breakeven.

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