IPO-bound ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/urban-company” target=”_blank”>Urban Company reported a 38% increase in operating ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/revenue” target=”_blank”>revenue for ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fy25″ target=”_blank”>FY25 at Rs 1,144 crore, according to its annual report published on Wednesday.
The Gurugram-based company turned profitable during the year posting a net ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/profit” target=”_blank”>profit of Rs 240 crore against a loss of Rs 93 crore in FY24.
The significant turnaround in Urban Company’s bottomline came on the back of a Rs 211-crore deferred tax credit accounted for during fiscal 2025. However, even on a pre-tax basis, the at-home services platform reported a profit of Rs 28 crore.
In a letter, the…
