Rentomojo Reports THIRD Consecutive Year of Profitability with 92% Net Profit Growth in FY24-25
Bengaluru: Rentomojo, a rental Consumer Tech company providing furniture and appliances on rent, today announced its FY 25 financial results, marking its third consecutive year of profitability with consistent growth with the goal to make flexible living accessible across India.
Net Profit for the year surged to INR 43.07 crore in FY25, up from INR 22.49 crore in FY24 and INR 6.2 crore in FY23, continuing Rentomojo’s track record of profitable growth. Net Rental Revenue reached INR 265.96 crore, representing a 48.24% percent CAGR between FY23 and FY25. EBITDA rose to INR 118.41 crore in FY25, up from INR 78.23 crore in FY24 and INR 27.14 crore in FY23.
“At its core, Rentomojo is a consumer tech company building a subscription-first model that has delivered sustained profitability, while solving a major problem for its consumers. Our performance reflects the strength of our business fundamentals and disciplined execution. With automation, intelligent refurbishment, and seamless service at the heart of our operations, we are shaping the future of flexible living in India .” said Geetansh Bamania, Founder and CEO, Rentomojo.
Geetansh further added, “With a presence in 23 cities and 71 experience stores, we are expanding access to flexible living across India. This growing offline footprint, combined with our subscription-first model, is deepening consumer trust and accelerating adoption.”
Operating at the intersection of consumer tech and lifestyle, Rentomojo’s portfolio spans furniture, appliances, and fast-growing categories such as water purifiers, catering to a new generation of Indians who prefer flexibility over ownership.
Coupled with reinvestment into refurbishment, a strong focus on automation, and disciplined capital management, Rentomojo delivered a ROCE of 25.1 % percent in FY25.
Rentomojo’s refurbishment-led circular economy approach, with steady reinvestment into reuse and sustainability, further strengthens long-term resilience while aligning with global ESG benchmarks.
