Urban Company Records 45.4% Revenue Growth and Shrinks Losses by 40% in FY23

  • Urban Company’s operating revenue rose to Rs 637 crore in FY23, with on-demand home services accounting for 77.9% of the total income.
  • Overall expenses amounted to Rs 945 crore, and losses reduced by 40.1% to Rs 308 crore.
  • Despite protests from partners, the company invested Rs 250 crore in training and skilling 50,000 service partners and maintains operations in numerous global locations.
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