New Delhi, Nov. 11 -- IKEA India reported a 6 per cent year-on-year sales growth in FY25, driven by strong performance across online and offline channels, expanding customer reach, and growing demand for its affordable home furnishing solutions.

The company stated in a release that it aims to become profitable within the next two years as it continues to invest in expansion, personnel, and sustainability initiatives.

Murali Iyer, Chief Financial Officer, IKEA India, said, "FY25 was another year of solid and meaningful growth for IKEA India with sales up by 6%, reaching an annual revenue of Rs 18,608 million. We improved our EBITDA (excluding fixed costs) by 12%. Our share of online sales grew by 34%, and our entry into the North market ...