Home Service, Heavy Profits: Urban Company Polishes Off FY25 with ₹240 Cr Shine

Urban Company, the Gurugram-based home services platform, has posted a net profit of ₹240 crore for FY25, marking a dramatic turnaround from a ₹93 crore loss in the previous year. The company’s operating revenue surged 38% to ₹1,144.5 crore, driven by robust growth in its core home and beauty services and a sharp focus on operational efficiency.

 

Key Highlights:

 

•⁠  ⁠The profit boost was aided by a ₹211 crore deferred tax credit, but even on a pre-tax basis, Urban Company reported a profit of ₹28 crore.

 

•⁠  ⁠The platform completed 6.8 million annual customer transactions across 51 cities, with 82% of net transaction value coming from repeat customers, highlighting strong retention.

 

•⁠  ⁠Service partners earned an average of ₹26,400 per month, up 16% year-on-year, reflecting improved partner economics.

 

•⁠  ⁠International business contributed ₹147 crore in revenue, up nearly 64% year-on-year, as Urban Company expanded its footprint in the UAE, Singapore, and Saudi Arabia.

 

•⁠  ⁠The company recently filed for an IPO, trimming the issue size to ₹528 crore in response to market conditions.

 

Outlook:

With India’s home services market projected to grow rapidly, Urban Company is well-positioned for sustained expansion. Its focus on tech-driven service delivery, high customer retention, and international growth signals strong prospects as it heads toward its public offering

 

Source: Economic Times