Urban Company and declined on Monday, likely due to selling by institutional investors following the expiry of the lock-in period
Urban Company reported a 37 per cent year-on-year growth in revenue from operations, while its losses widened to ₹59.3 crore
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Urban Company shares fell nearly 4 per cent after the first lock-in period for its anchor investors ended
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Home services provider Urban Company has reported its first consolidated net profit for the fiscal year 2025 at Rs 239.76 crore, according to documents shared by market intelligence firm Tofler. Urban Company posted a net loss of Rs 92.77 crore in the financial year 2024. The consolidated income from operations of Urban Company increased by about 38 per cent to Rs 1,144.46 crore in the financial year 2025 from Rs 826.97 crore in FY24. On a standalone basis, Urban Company posted a net profit of Rs 290 crore in FY25 while it registered a loss of Rs 11.19 crore in FY24. "Urban Company Limited is an Indian home services provider that connects individuals with professionals for various home services (formerly known as UrbanClap) reported its revenues for the financial year 2024-25 as Rs 910 crore (total revenue), a 32 per cent jump since the last financial year. The company further reported a net profit (standalone) of Rs 290 crore during the same fiscal," Tofler said. The company pos
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As of June 30, Urban Company had 7.02 million annual transacting customers, according to its offer document
Investor interest in the company was evident from its blockbuster initial public offering (IPO)
Urban Company share price: Urban Company shares listed at ₹161 per share on the BSE and ₹162.25 per share on the NSE, against the IPO issue price of ₹103 per share