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Rentomojo Q2 Revenue Jumps 53% YoY To ₹142 Cr, Net Profit Slumps 63%

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Rentomojo Q2 Revenue Jumps 53% YoY To ₹142 Cr, Net Profit Slumps 63%

Recently listed furniture rental company Rentomojo reported a 62.6% year-on-year (YoY) decline in its profit after tax to ₹18.2 Cr in the quarter ended September 30, 2026 (Q2 FY27) from ₹48.6 Cr in the year-ago quarter. 

The decline was largely due to a deferred tax credit of ₹32.8 Cr recognised in the year-ago quarter, compared with a deferred tax expense of ₹6.2 Cr in Q2 FY27. 

On a sequential basis, the company’s net consolidated profit zoomed 133% from ₹7.8 Cr in the previous quarter. 

Meanwhile, operating revenue grew 52.8% YoY and 12% QoQ to ₹142.1 Cr in the quarter under review, driven by growth in customer orders, live subscribers and rental inventory. Including other income of ₹1.7 Cr, total income for the quarter stood at ₹143.8 Cr.

Total expenses increased 53.2% YoY to ₹119.8 Cr in Q2 FY27 from ₹78.2 Cr in the year-ago period. Employee benefit expenses rose 38.3% to ₹19.5 Cr, while finance costs increased 46.7% to ₹9 Cr.

The company said its normalised profit after tax, excluding exceptional items and deferred tax adjustments, increased 52.2% YoY to ₹24 Cr from ₹15.8 Cr in Q2 FY26. Normalised EBITDA also grew 52.7% to ₹58.8 Cr from ₹38.5 Cr a year earlier.

Rentomojo expanded its omnichannel network to 96 experience stores across 14 cities by the end of September, compared with 67 stores a year earlier. 

8 Lakh gross items during the quarter, up 45% higher than last year’s quarter. 5 Lakh.



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