Rentomojo Q2 FY27 Results: Key Operating Metrics Show Strong Growth

Rentomojo reported strong financial and operational growth for the quarter ended 30 June 2026. The revenue from operations increased by 51.1% year-on-year (YoY) to ₹1,263 million. The company’s first quarterly results as a listed company also showed continued growth in subscribers, items ordered and asset utilisation.

Strong Revenue And Normalised Profit Growth

Rentomojo’s revenue from operations increased 51.1% YoY and 15.3% quarter-on-quarter (QoQ) to ₹1,263 million in Q2 FY27. The growth was supported by higher live items and an increase in items ordered.

Reported earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 17.5% YoY but declined 16.2% QoQ to ₹409 million. The QoQ decline was partly due to the one-time impact of a fire loss and other income. Excluding these items, normalised EBITDA grew 50.2% YoY and 13.9% QoQ. The normalised EBITDA margin was around 41%.

Reported profit after tax (PAT) declined 38.6% YoY and 53.3% QoQ to ₹78 million. Excluding the one-time impact of the fire loss and other income, along with the deferred tax asset (DTA) impact that was not present in Q1 FY26, normalised PAT grew 71.8% YoY and 11.2% QoQ to ₹219 million.

Subscriber And Order Growth Remains Strong

Rentomojo saw strong growth in its customer base and inventory during the quarter. Gross items ordered reached 329,159, up 45.8% from a year earlier and 27.6% from the previous quarter.

Average revenue per item increased 6.8% YoY and 6.9% QoQ to ₹1,662.6. Average occupancy stood at 85.7%, up 234 basis points YoY, while the occupancy rate at the end of the period reached 86.8%. Purchase displaced through rentals increased 51.6% YoY and 34.2% QoQ to ₹4,137 million.

Management Focuses On Scaling Flexible Living Platform

Geetansh Bamania, Co-founder, Chairperson, Managing Director and CEO of Rentomojo, said the company began FY27 with strong momentum, with subscriber orders increasing 45.8% YoY and revenue from operations growing 51.1%, while maintaining a normalised EBITDA margin of around 41%.

The company said its growth was supported by strong repeat behaviour, organic demand and internal cash generation. It also highlighted that the initial public offering (IPO) had strengthened its net worth and increased its capacity to fund future growth.

Rentomojo plans to expand as a technology-led platform for flexible living, with its growth strategy centred on omnichannel retail, expansion into new cities, deeper technology investment and broader platform services.

Source

NSE

Also Read - Shah Investor’s Home IPO Listing: Shares List At A Premium Of Over 2% On Exchanges After Decent Demand During Bidding