• Square Yards’ gross profit surged to Rs 316 crore in FY25, showcasing strong profitability growth.
• Operating revenue jumped from Rs 1,001 crore to Rs 1,410 crore, driven by expanding operations across 100+ cities and nine countries.
• GTV rose over 44% to Rs59,093 crore with 1.86 lakh transactions, and the company aims for Rs 2,000 crore revenue in FY26.

Proptech leader Square Yards has continued its impressive growth trajectory, reporting a 52% increase in gross profit to Rs 316 crore for the financial year ending March 2025, as per its provisional financial statement. The company’s operating revenue surged by nearly 41%, climbing from Rs 1,001 crore in FY24 to Rs1,410 crore in FY25, marking consistent year-on-year growth of over 40%.

Square Yards offers a comprehensive real estate platform that enables users to search, buy, sell, finance, furnish, rent, and manage properties. It currently operates in more than 100 cities across nine countries and collaborates with over 150,000 agents globally.

The company's gross transaction value (GTV) also witnessed a significant rise, increasing by more than 44% to Rs 59,093 crore in FY25, up from Rs 40,828 crore the previous year. During this period, Square Yards facilitated approximately 1.86 lakh transactions.

Employee benefits remained the largest expense category, constituting 38% of the company’s total expenditures. This cost rose by 15% year-on-year, from Rs 535 crore in FY24 to Rs618 crore in FY25.

Despite the rise in expenses, Square Yards maintained strong profitability. The company reported an EBITDA of Rs 46 crore in FY25 and held a gross profit margin of 22% in FY24. Additionally, it recorded positive operating cash flow for the fiscal year and achieved a robust compound annual growth rate (CAGR) of 51% over the past four years.

Looking ahead, Square Yards projects its revenue to reach Rs 2,000 crore (approximately $240 million) in FY26, further solidifying its position as one of India’s fastest-growing proptech companies.