IPO-bound Rentomojo doubles net profit on 37% revenue growth in FY25

Furniture and electronics rental startup Rentomojo, which is preparing to go public next year, nearly doubled its net profit to Rs 43 crore in fiscal year 2025 from Rs 22.5 crore a year earlier, according to a press release. The Bengaluru-based company reported Rs 266 crore in operating revenue, a 37% increase from fiscal year 2024.

In September, Rentomojo appointed IIFL and Motilal Oswal as the merchant bankers for its initial public offering (IPO), which it is planning for FY27. The company said it has a base of over 2.2 lakh subscribers and manages…