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Urban Company Back in Black in FY25; Tax Gain Boosts Bottom Line
Financial Express Kochi
|June 19, 2025
Urban Company has turned profitable in FY25, posting a consolidated net profit of ₹239.8 crore compared to a loss of ₹93 crore in the previous year.
HOME SERVICES PLATFORM The turnaround was primarily driven by a one-time deferred tax asset, topline growth, and operational improvements across its business segments.
Without the deferred tax asset worth ₹211.2 crore, the company would have posted a net profit of ₹28.6 crore, according to its annual report. "Profitability has also improved due to operational leverage in fixed costs and driving efficiency across other costs," it said.
Denne historien er fra June 19, 2025-utgaven av Financial Express Kochi.
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