Mumbai, June 18 -- Home services marketplace Urban Company swung to a consolidated net profit of Rs.239.8 crore in FY25, reversing a loss of Rs.92.7 crore in the previous fiscal, as the Gurugram-based firm gears up for its public listing. The turnaround was driven by improved operating performance, strong revenue growth, and a one-time deferred tax credit.

A significant portion of the profit came from the recognition of deferred tax assets worth Rs.211 crore, which sharply boosted the bottom line. Excluding this, profit before tax stood at Rs.28.6 crore. The company also turned adjusted Ebitda positive at Rs.11.1 crore, recovering from a loss of Rs.119 crore in FY24-a sign of improving operational efficiency, though margins remain slim....