IPO-bound at-home services company Urban Company turned profitable in FY25. This and more in today’s ETtech Top 5.
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Urban Company posts Rs 240 crore profit in FY25, revenue rises 38%
(L-R) Varun Khaitan, Raghav Chandra, Abhiraj Singh Bhal, cofounders, Urban Company
IPO-bound Urban Company has reported a 38% increase in its operating revenue, reaching Rs 1,144 crore for the financial year ending March 31, 2025, according to its annual report released on Wednesday.
Financial details:
- The company turned profitable in FY25, posting a net profit of Rs 240 crore compared to a loss of Rs 93 crore in FY24.
- A large…