Rentomojo Q2 Revenue Jumps 53% YoY To Rs.142 Cr, Net Profit Slumps 63%
India, Nov. 11 -- Recently listed furniture rental company Rentomojo reported a 62.6% year-on-year (YoY) decline in its profit after tax to Rs.18.2 Cr in the quarter ended September 30, 2026 (Q2 FY27) from Rs.48.6 Cr in the year-ago quarter.
The decline was largely due to a deferred tax credit of Rs.32.8 Cr recognised in the year-ago quarter, compared with a deferred tax expense of Rs.6.2 Cr in Q2 FY27.
On a sequential basis, the company's net consolidated profit zoomed 133% from Rs.7.8 Cr in the previous quarter.
Meanwhile, operating revenue grew 52.8% YoY and 12% QoQ to Rs.142.1 Cr in the quarter under review, driven by growth in customer orders, live subscribers and rental inventory. Including other income of Rs.1.7 Cr, total income...
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