Literally translates as "of the Depths" or, with modification, "from the depths". Any reference to a being emerging from the pit of dispair to greater things is entirely contextual.
Oscar Wilde famously wrote a long letter - later titled "De Profundis" - after his release from Reading Gaol.
When u gank a jewtiger and he flips u onto ur arse and proceeds to thrust a sword through ur torso for 33 damage with hyper armour and a direct counter to everything
Let's gank this vort, oh shit watch out he's hard profundis happy twat