India, Sept. 22 -- Smart ring manufacturer Ultrahuman attained profitability in the financial year ending March 2025 (FY25), posting a net profit (PAT) of INR 71.5 Cr against a loss of INR 37.7 Cr in the previous fiscal.

The Bengaluru-based startup's turnaround was driven by a sharp jump in topline revenue and notable tax credit gains. As per its RoC filings, Ultrahuman's operating revenue grew nearly 5X to INR 564.7 Cr in FY25, up from INR 104.6 Cr in FY24. Including other income of INR 16.1 Cr, total income stood at INR 580.8 Cr for the year.

The startup's topline growth was powered primarily by its smart rings, which contributed INR 516 Cr in revenue, surging nearly 7X YoY. Meanwhile, subscription income grew 8% YoY to INR 28.9 Cr. ...