City Firm Restricted has reported robust topline development within the quarter ended December 31, 2025 (Q3 FY26), whilst consolidated losses continued as a result of continued investments in its high-frequency housekeeping vertical, InstaHelp, based on the corporate’s shareholder letter and quarterly disclosure.
The Gurugram-based residence companies platform posted Internet Transaction Worth (NTV) of Rs 1,081 crore in Q3 FY26, up 36% year-on-year excluding Saudi Arabia.
Income from operations rose 42% YoY to Rs 383 crore. General development was supported by regular new person additions, wholesome income retention and powerful festive-season demand throughout core classes in India, in addition to enhancing efficiency in worldwide markets.
At a consolidated stage, City Firm reported an adjusted EBITDA lack of Rs 17 crore for the quarter. The loss was primarily pushed by InstaHelp, which scaled quickly in the course of the interval however reported an adjusted EBITDA lack of Rs 61 crore. Excluding InstaHelp, the core enterprise delivered an adjusted EBITDA revenue of Rs 44 crore. Internet losses for the quarter stood at Rs 21 crore.
The India Client Companies section, excluding InstaHelp, remained worthwhile. The section reported NTV of Rs 781 crore, a 21% YoY improve, whereas income from operations grew 26% YoY to Rs 265 crore. Contribution revenue rose to Rs 168 crore, or 21.6% of NTV, in contrast with 20.4% within the year-ago quarter. Adjusted EBITDA margins improved to five.6% of NTV from 4.4% in Q3 FY25 and a couple of.4% in Q2 FY26. Primarily based on efficiency over the primary 9 months of FY26, the corporate expects full-year margins for this section to be barely forward of FY25 ranges.
Through the quarter, energetic service companions earned a median month-to-month internet in-hand earnings of Rs 28,322 after deductions, in contrast with Rs 26,489 within the 9 months ended FY25. The highest 20% of companions earned Rs 42,418 per 30 days, whereas the highest 10% and high 5% earned Rs 47,471 and Rs 51,673, respectively.
City Firm’s Native manufacturers enterprise recorded sharp development, with NTV rising 93% YoY to Rs 79 crore, led by water purifiers and digital door locks. Income from operations on this section doubled to Rs 62 crore.
Adjusted EBITDA loss narrowed considerably to Rs 4 crore, or 5.0% of NTV, from 27.9% of NTV a yr earlier. Sequential development moderated because the earlier quarter benefited from demand pulled ahead by massive e-commerce sale occasions.
The worldwide enterprise, masking the UAE and Singapore and excluding Saudi Arabia, additionally reported robust momentum. NTV elevated 79% YoY to Rs 193 crore, whereas income from operations rose to Rs 50 crore. The section reported an adjusted EBITDA revenue of Rs 4 crore, or 2.0% of NTV, supported by an expanded service assortment and improved worth proposition.
Launched earlier within the yr, InstaHelp continued to scale shortly. The vertical recorded 1.61 million orders and Rs 28 crore in NTV in Q3 FY26, up from 0.58 million orders and Rs 10 crore in NTV within the earlier quarter. Income from InstaHelp stood at Rs 6.8 crore.
Whereas absolute losses elevated quarter-on-quarter, the adjusted EBITDA loss per order improved to Rs 381 from Rs 760 in Q2 FY26. The corporate mentioned it expects losses per order to say no over time with enhancements in common order worth, service associate utilisation and micro-market densification.
As of the tip of Q3 FY26, City Firm reported 7.8 million annual transacting customers and 59,475 month-to-month energetic service companions. The corporate closed the quarter with a money stability of Rs 2,095 crore, which it mentioned gives enough runway to put money into new classes whereas sustaining profitability in its core market.