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RentoMojo reports first quarterly results post listing, Q2 FY27 revenue grows 53%

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RentoMojo reports first quarterly results post listing, Q2 FY27 revenue grows 53%

Furniture and appliance rental platform RentoMojo has reported its first quarterly results since listing on the stock exchanges, with its revenue from operations growing 52.69% year-on-year in Q2 FY27. The company also saw its profit before tax (PBT) increase 54% during the quarter.

RentoMojo’s revenue from operations rose to Rs 142 crore in Q2 FY27 from Rs 93 crore in the corresponding quarter last fiscal year, according to its consolidated financial statements filed with the National Stock Exchange (NSE).

The Bengaluru-based company also reported Rs 1.6 crore in other income, taking its total income to Rs 144 crore in Q2 FY27.

RentoMojo operates a rental platform for furniture and home appliances, allowing consumers to access products through monthly subscriptions. Its platform primarily caters to urban households across major Indian cities.

On the cost side, the company's total expenditure increased 53.85% to Rs 120 crore in Q2 FY27 from Rs 78 crore in Q2 FY26. Employee benefit expenses stood at Rs 19.5 crore during the quarter, while finance costs, depreciation and other overheads contributed to the overall expenses.

At the bottom line, RentoMojo's profit before tax increased 54.19% to Rs 24.3 crore in Q2 FY27 from Rs 15.8 crore in the year-ago quarter. Its net profit stood at Rs 18.1 crore during the quarter.

70% to Rs 268 crore in H1 FY27 from Rs 177 crore in H1 FY26. 5 crore during the first half of FY27.



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