Urban Company, the Gurgaon-based home services platform, swung to a profit in FY25, reporting a net profit of ₹240 crore—a stark turnaround from a ₹93 crore loss in FY24
Growth Driven by Revenue Surge and Tax Credit
Operating revenue jumped 38% year-on-year, reaching ₹1,144–1,145 crore for FY25. The leap into profitability was largely fueled by a substantial deferred tax credit of ₹211 crore. Excluding this, Urban Company still posted a pre-tax profit of approximately ₹28 crore, signaling improved operational health
Why This Milestone Matters
This profitability, coming ahead of Urban Company’s upcoming IPO, underscores its evolving business resilience and investor-readiness. The result is especially notable in the context of India’s burgeoning tech and services startup ecosystem where profitable tech IPO prospects are rare The Economic Times.
