Urban Company Reports First Consolidated Net Profit For Fiscal Year 2025 At ₹239.76 Crore

New Delhi: Home services provider Urban Company has reported its first consolidated net profit for the fiscal year 2025, amounting to Rs 239.76 crore, according to documents shared by market intelligence firm Tofler. This is a significant turnaround from the net loss of Rs 92.77 crore posted 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 FY25, up from Rs 826.97 crore in FY24. On a standalone basis, the company posted a net profit of Rs 290 crore in FY25, compared to a loss of Rs 11.19 crore in FY24.

Urban Company Limited, an Indian home services provider that connects individuals with professionals for various home services (formerly known as UrbanClap), reported total revenues of Rs 910 crore for the financial year 2024-25. This marks a 32 per cent increase from the previous fiscal year. The company’s standalone net profit during the same period stood at Rs 290 crore, Tofler added.

Additionally, the company recorded a 36 per cent rise in revenue from operations, reaching Rs 782.57 crore in FY25 compared to Rs 571.76 crore in FY24. Total expenses for the fiscal year were reported at Rs 831 crore.

Disclaimer: This story is from a syndicated feed. Nothing has changed except the headline.
https://www.freepressjournal.in/business/urban-company-reports-first-consolidated-net-profit-for-fiscal-year-2025-at-23976-crore

Federal Reserve’s Milan Advocates Rapid Interest Rate Cuts

Federal Reserve Governor Stephen Milan Advocates for Quicker Interest Rate Cuts, Impacting Financial and Crypto Markets

Federal Reserve Governor Stephen Milan, confirmed by the Senate on September 16, 2025, is pushing for faster interest rate reductions, suggesting cuts ranging from 50 to 150 basis points. His dovish stance marks a potential shift in monetary policy that could significantly influence financial markets, encouraging rallies in risk assets.

**Stephen Milan’s Policy Proposal and Economic Outlook**

Stephen Milan’s appointment to the Federal Reserve signals a change in direction compared to the current consensus among policymakers. He believes that the interest rate should be cut by at least 50 basis points, according to reports from CoinTech2U. His proposal for a 50 to 150 basis point reduction highlights a more accommodative outlook for the U.S. economy.

This approach could affect treasury yields and drive increased money flow into riskier assets, impacting both traditional financial markets and the rapidly evolving cryptocurrency sector. The anticipated increase in liquidity may serve as a catalyst for higher asset valuations.

**Implications for the Cryptocurrency Market**

Although official comments from cryptocurrency leaders remain limited, Milan’s stance has not gone unnoticed within the crypto community. Historically, Federal Reserve decisions on interest rates have triggered widespread discussions regarding economic conditions and monetary policy.

Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) often respond to such shifts, with previous rate cuts correlating with asset inflation and bullish trends. This connection suggests that Milan’s proposed policy could directly affect digital asset prices.

**Crypto Market Dynamics and Current BTC Performance**

Federal Reserve actions, including proposed rate cuts like those advocated by Milan, tend to create ripple effects across crypto markets. These moves can drive valuations higher amid broader economic adjustments and monetary shifts.

Currently, Bitcoin is exhibiting notable trading dynamics, priced at $115,701.26 with a market capitalization of $2.31 trillion. Over the past 90 days, BTC has increased by 12.89%, despite experiencing a minor 1.24% decline in the last 24 hours, according to data from CoinMarketCap.

**Conclusion**

Stephen Milan’s push for accelerated interest rate cuts underscores a more dovish Federal Reserve policy outlook. This shift could foster stronger liquidity inflows into risk assets, benefiting both traditional markets and digital assets like BTC and ETH. Investors and market watchers should closely monitor Federal Reserve meetings and statements for further insights into the evolving economic landscape and its effects on crypto valuations.
https://bitcoinethereumnews.com/tech/federal-reserves-milan-advocates-rapid-interest-rate-cuts/?utm_source=rss&utm_medium=rss&utm_campaign=federal-reserves-milan-advocates-rapid-interest-rate-cuts

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