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Rentomojo Anticipates Strong FY27 Growth Driven by Robust Rental Demand
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CNBC TV18•06-10-2026, 10:10
Rentomojo Anticipates Strong FY27 Growth Driven by Robust Rental Demand
- •Rentomojo expects strong momentum in FY27 supported by rising rental demand, a growing subscriber base, and healthy occupancy levels between 83 and 85 percent.
- •The company reported a revenue of 126.30 crore rupees with a profit after tax of 7.80 crore rupees in the first quarter of FY27.
- •Essential household items like refrigerators, washing machines, beds, and mattresses continue to drive major business contributions.
- •A recent warehouse fire in Noida impacted only 2 percent of the inventory, and operations resumed within a week with insurance coverage in place.
- •The subscription-led model ensures cumulative monthly revenue growth as new subscribers and rental items are added to the platform.
Key Questions Answered
In Q1FY27, Rentomojo Limited reported a revenue of ₹126.30 crore, a margin of 41%, and a profit after tax of ₹7.80 crore.
The Noida warehouse fire impacted about 2% of Rentomojo's inventory, but the company resumed operations within a week and holds insurance coverage for most of the affected items.
Essential household products such as refrigerators, washing machines, beds, and mattresses are the biggest contributors to Rentomojo's business, alongside strong growth in water purifiers.
