Rentomojo Q1 FY27 Results: Revenue Rises 51.1% To ₹126.3 Crore, Normalised PAT Jumps 71.8% While Reported Profit Declines

Rentomojo Limited reported revenue from operations of ₹126.3 crore in Q1 FY27, up 51.1% year-on-year (YoY) from ₹83.6 crore. Revenue also increased 15.3% quarter-on-quarter (QoQ).

This is Rentomojo’s first audited quarterly result since its listing, which is why the company has reported Q1 FY27 results rather than a Q2 update.

The Rentomojo share price closed at ₹600.45 on the National Stock Exchange (NSE) on 8 October 2026, down almost 3% from the previous close. The Rentomojo stock had gained 13.53% in the previous session.

Rentomojo Q1 FY27 Financial Highlights

Normalised earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 50.2% YoY to ₹52.3 crore, with a margin of approximately 41.1%. Normalised profit after tax (PAT) increased 71.8% to ₹21.9 crore.

However, reported PAT fell 38.6% YoY to ₹7.8 crore. Reported EBITDA declined 16.2% QoQ to ₹40.9 crore. The company attributed the differences to one-time fire-related impacts, other income and deferred-tax effects.

Annualised normalised return on equity (ROE) improved to 28.85%, while normalised return on capital employed (ROCE) stood at 26.6%.

Is Rentomojo’s Rental Business Expanding?

Rentomojo operates a furniture and appliance rental platform, which allows customers to use products without purchasing them outright. Its model depends on attracting subscribers, keeping rental inventory occupied and generating recurring revenue from deployed items.

The subscriber base grew 36.3% YoY to 2.83 lakh, while live inventory increased 41% to approximately 9.23 lakh items. Gross items ordered rose 45.8% to 3.29 lakh.

Average occupancy reached 85.7%, up 234 basis points, while average revenue per item increased 6.8% to ₹1,662.6.

Management Commentary

Geetansh Bamania, Chairperson, Managing Director and Chief Executive Officer of Rentomojo, said the company started FY27 with strong momentum, supported by growth in subscribers, orders and revenue. He highlighted repeat customer behaviour, organic demand and healthy internal cash generation as key factors behind the growth.

Bamania also said the company’s recent initial public offering (IPO) has strengthened its net worth and improved its ability to fund future expansion. Management’s broader aim is to build Rentomojo into a larger technology-led flexible-living platform while maintaining profitability and capital discipline.

Also Read - NCC Bags ₹1,286 Crore Telangana Road Project From Hyderabad Growth Corridor Limited, Work To Be Completed In 18 Months