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RentoMojo's Q2 FY27 Revenue Jumps 53% to ₹142 Crore as Furniture Rental Business Expands

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RentoMojo's Q2 FY27 Revenue Jumps 53% to ₹142 Crore as Furniture Rental Business Expands

Bengaluru-based furniture and appliance rental platform RentoMojo, founded by Geetansh Bamania (Chairman and CEO), reported a strong revenue performance in Q2 FY27, with revenue from operations increasing 52.8% year-on-year to ₹142 crore. The company's operating profit also grew approximately 50% to ₹22.3 crore, reflecting continued growth in demand for flexible, affordable furniture and appliance rental solutions. RentoMojo enables customers to rent essential home and lifestyle products without making large upfront purchases.

However, the company reported a net profit of ₹18.18 crore, down 62.6% compared with the same quarter last year, partly due to a favourable deferred tax credit in the previous year's period. The latest results highlight the company's ability to grow its core business while navigating changing financial factors after its stock market listing.

#ConsumerTech #BusinessGrowth #IndianStartups #Startup77

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