·  Urban Company posts  Rs240 crore net profit in FY25, marking its first profitable year ahead of IPO.

·  Operating revenue rises 38.2% to  Rs1,144 crore, driven by platform services and product sales.

·  Filed  Rs1,900 crore IPO with SEBI, plans include new services like InstaHelp and smart home products.

Urban Company, India's top home services startup, reported a profit for the first time in FY25, a key financial milestone as it prepares for a public listing. The company reported a net profit of  Rs240 crore, from a loss of  Rs92.7 crore in FY24, driven partly by a  Rs211 crore deferred tax credit. Even without the tax advantage, the company registered a pre-tax profit of  Rs28 crore, reflecting greater operational discipline and cost control.

Established in 2014 with headquarters in Gurugram, Urban Company serves India and internationally in Singapore, UAE, and Saudi Arabia. For FY25, the platform registered 6.8 million customer transactions across 17 service categories ranging from salon therapies to appliance repair, with a total net transaction value of  Rs3,115 crore.

Strong Platform Performance & Product Upside

Urban Company's platform businesses contributed 65% of its overall operating revenues, amounting to  Rs742 crore 32.5% YoY growth. Its membership customer business contributed  Rs98 crore, growing 7.7%, while revenues from its Native-water purifiers grew more than 3x to  Rs116 crore. Furthermore, product sales to service partners contributed  Rs188 crore to the topline.

Of the company’s  Rs1,144 crore operating revenue,  Rs997 crore came from domestic operations and  Rs147 crore from international markets. Including financial income from investments, the company reported a total income of  Rs1,261 crore, up from  Rs928 crore in FY24.

Efficiency Leads to Profitability

While costs increased to  Rs1,223 crore in FY25 (vs.  Rs1,021 crore in FY24), major cost heads were strictly contained. Employee costs remained flat at  Rs350 crore (including  Rs72.5 crore in ESOP expenses), and advertising spent stayed flat at  Rs207 crore.

Operations in India were the top contributor to profit, contributing  Rs113 crore in profit. Losses in the water purifier segment and overseas markets were  Rs38.7 crore and  Rs33.7 crore respectively.

IPO Plans & Strategic Moves

During April, Urban Company submitted Draft Red Herring Prospectus (DRHP) with SEBI for a  Rs1,900 crore IPO, of which  Rs429 crore as fresh issue and  Rs1,471 crore as offer-for-sale by present shareholders a smaller version of its previous  Rs3,000 crore plan.

Among recent launches, the firm introduced 'InstaHelp', a rapid-response domestic assistance service with a 25–30 minute delivery window, mirroring Q-commerce models. It also ventured into the smart home space with Native smart locks, boosting its product revenue strategy.

Urban Company's profitability milestone, lean operations, and imminent IPO portend a new era for the home services giant as it reinforces its presence in the Indian consumer tech ecosystem.