FinanceInc42about 2 hours ago
Rentomojo Revenue Jumps 53% While Profit Slumps
3 min read
Furniture rental firm Rentomojo reported Q2 FY27 revenue of ₹142.1 Cr, a 52.8% year-on-year increase. However, net profit after tax fell 62.6% to ₹18.2 Cr due to a ₹32.8 Cr deferred tax credit reversal. Normalised profit rose 52.2% to ₹24 Cr. The company utilised ₹90 Cr of its IPO proceeds.
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