- Consumer tech rental major reports ₹43.07 crore profit on strong revenue growth
- Rental revenue crosses ₹265.96 crore; EBITDA rises to ₹118.41 crore
- Subscription-first model and automation drive sustained profitability
NE BUSINESS BUREAU
AHMEDABAD, DEC 26
Rentomojo, a leading rental consumer tech company offering furniture and appliances on subscription, has reported its third consecutive year of profitability in FY25, underscoring the strength of its subscription-first business model and disciplined execution.
The company’s net profit surged 92% to ₹43.07 crore in FY25, compared to ₹22.49 crore in FY24 and ₹6.2 crore in FY23, continuing a consistent trajectory of profitable growth. Net rental revenue from operations reached ₹265.96 crore, translating into a 48.24% CAGR between FY23 and FY25. EBITDA rose to ₹118.41 crore in FY25, up from ₹78.23 crore in FY24 and ₹27.14 crore in FY23.
Commenting on the performance, Geetansh Bamania, Founder and CEO, Rentomojo, said, “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.”
He 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 technology and lifestyle, Rentomojo’s portfolio spans furniture, appliances, and fast-growing categories such as water purifiers, catering to a new generation of Indian consumers who increasingly prefer flexibility over ownership.
Backed by continued reinvestment into refurbishment, a strong focus on automation, and disciplined capital management, Rentomojo delivered a Return on Capital Employed (ROCE) of 25.1% in FY25.
The company’s refurbishment-led circular economy approach, centred on reuse and sustainability, further enhances long-term resilience while aligning operations with global ESG benchmarks.
