Urban Company Turns Profitable, Posts INR 240 Cr PAT In FY25

Urban Company Turns Profitable, Posts INR 240 Cr PAT In FY25

Urban Company turned profitable in the financial year ended March 31, 2025 (FY25). The hyperlocal services startup reported a net profit of INR 239.7 Cr during the fiscal year under review as against a loss of INR 92.7 Cr in FY24. The startup’s operating revenue jumped 38.2% to INR 1,144.4 Cr in FY25 from INR 828 Cr in the previous fiscal year. Founded in 2014 by Abhiraj Singh Bahl, Raghav Chandra and Varun Khaitan, Urban Company provides a tech…

Urban Company reports ₹240-Cr profit in FY25, revenue jumps 38% | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews

IPO-bound Urban Company has reported a robust 38% year-on-year increase in its operating revenue for FY25, reaching ₹1,144 crore, as per its annual report released on Wednesday. The Gurugram-headquartered at-home services platform turned profitable during the fiscal year, posting a net profit of ₹240 crore—marking a dramatic shift from the ₹93 crore loss it recorded in FY24. A ₹211 crore deferred tax credit recognized in FY25 largely drove this …