Overview

• Revenue from operations jumped 38.2% to ₹1,144.5 crore in FY25, supported by 6.8 million annual transacting users and nearly 48,000 monthly active service partners.
• Excluding the deferred tax asset, underlying profit before tax stood at ₹28.6 crore, reflecting improved operational leverage and cost efficiencies.
• International segment revenue surged 64% to ₹147 crore, with the UAE unit turning operationally profitable and Saudi operations shifting to a joint venture.
• Average monthly earnings for service partners rose 16% to ₹26,400 in FY25, highlighting enhanced platform monetization.
• The IPO will include a ₹429 crore fresh issue to fund technology, lease and marketing expenses, alongside a ₹1,471 crore offer-for-sale by existing investors.