RentoMojo Q1 revenue up 51%, profit falls 39%
By Abha Lohia ·
- RentoMojo rents furniture and appliances on subscription to customers, mainly in Indian cities, and is now listed on the stock exchanges
- Its first quarter of FY27 brought revenue of ₹126.30 crore, up 51%, while profit after tax fell 39% to ₹7.80 crore
- Management expects stronger coming quarters as subscribers and rented items grow, with the second half usually the most profitable
What happened
- Q1 FY27 revenue was ₹126.30 crore, up 51%.
- Profit after tax was ₹7.80 crore, down 39%.
- Margin was reported at 41%.
Why it matters
- Revenue builds each month as subscribers grow.
- February to September are strong revenue months.
- The second half usually brings higher profit.
The business
- Rents furniture and appliances by subscription.
- Demand rises when people change jobs or move homes.
- Summer lifts air-conditioner and fridge rentals.
- July-August gains from new graduates starting work.
The founders
In numbers
₹126.30 CrQ1 FY27 revenue · 2026
₹7.80 CrQ1 FY27 profit after tax · 2026
What happens next
- Management expects better coming quarters
Words to know
- Profit after tax
- What a company earns after paying all costs and taxes.
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