Wednesday, 18 June, 2025
Urban Company Turns Profitable with Rs 240 Cr Net Income, Records 38% Revenue Growth
Gurgaon-based home services startup Urban Company achieved a strong financial turnaround in FY25, generating ₹1,144 Cr in operating revenue—a 38% year-over-year increase—and posting a net profit of ₹240 Cr, compared to a ₹93 Cr loss in FY24. The boost was driven by a ₹211 Cr deferred tax credit, while pre-tax profit stood at ₹28 Cr. With around 47,800 active service professionals monthly, the IPO-bound firm is expanding deeper into new and existing markets.
Read full story at Economic Times