Rentomojo Q2 Results 2026: Revenue Up 53%
Rentomojo Q2 Results 2026: Revenue Up 53%
Rentomojo Q2 Results 2026 showed strong business expansion but a sharp decline in reported profit. The furniture and appliance rental company recorded revenue of ₹142.1 crore for the September quarter, up 52.8% year-on-year, while consolidated net profit fell 62.6% to ₹18.2 crore.
The results, announced on 10 November and detailed on 11 November 2026, cover the second quarter of financial year 2026–27 (FY27).
Rentomojo Q2 Results 2026: Key Numbers
| Financial indicator | Q2 FY27 | Year-on-year change |
|---|---|---|
| Revenue from operations | ₹142.1 crore | +52.8% |
| Reported EBITDA | ₹59.2 crore | +53.7% |
| Reported net profit | ₹18.2 crore | −62.6% |
| Normalised net profit | ₹24 crore | +52.2% |
Source: Rentomojo’s exchange-filed financial results and earnings release. Normalised figures are company-adjusted measures.
The difference between reported and normalised profit is central to understanding the quarter.
Why Did Rentomojo’s Reported Profit Fall?
Rentomojo’s reported profit declined from approximately ₹48.6 crore a year earlier to ₹18.2 crore.
However, the previous year’s September quarter included a deferred-tax credit of approximately ₹32.8 crore, which increased that period’s reported earnings.
The latest quarter instead recorded a deferred-tax expense of approximately ₹6.2 crore.
This change in tax accounting explains much of the year-on-year profit decline. It does not indicate that the company’s operating business contracted by 63%.
Before exceptional items and tax, quarterly profit increased from approximately ₹15.8 crore to ₹24 crore.
Investors should distinguish these accounting effects from underlying revenue and operating performance.
What Drove Rentomojo’s Revenue Growth?
More Subscribers and Rental Orders
Rentomojo operates a subscription-based platform offering furniture, appliances and related household products.
Its live subscriber base increased 42.5% year-on-year to approximately 3.24 lakh customers.
Gross items ordered reached 3,81,347 during the quarter, representing 45% annual growth.
Higher subscriber numbers and order volumes indicate expanding demand for rental products.
However, maintaining customer growth requires efficient delivery, servicing, refurbishment and inventory management.
Better Utilisation of Rental Assets
Rentomojo reported average inventory occupancy of 85.9%, reflecting the proportion of rentable assets being used.
Higher occupancy can improve revenue generation from furniture and appliances already purchased by the company.
The business also operated 96 experience stores across 14 cities at the end of September 2026.
These stores allow customers to examine selected products before subscribing.
Cash Flow, Investment and Debt
For the first half of FY27, Rentomojo generated approximately ₹110 crore in operating cash flow.
Capital expenditure reached ₹192.3 crore during the same period, increasing 140.6% year-on-year.
The investment supports additional rental inventory and business expansion, but it also requires careful management of cash and financing.
Following its September 2026 stock-market listing, the company used part of its IPO proceeds to repay borrowings.
Net debt stood at approximately ₹130.6 crore at the end of September.
Readers can consult the official NSE corporate announcements portal for listed-company disclosures.
What Should Rentomojo Shareholders Watch?
The results suggest that demand and operating earnings are growing, despite the headline decline in reported profit.
Investors should monitor subscriber retention, inventory utilisation, replacement costs and cash generation.
The company’s substantial capital expenditure also makes returns on newly purchased rental assets important.
Another consideration is the difference between normalised and reported earnings. Adjusted measures can help explain performance but should never replace statutory financial results.
A strong revenue quarter does not guarantee future share-price appreciation.
Frequently Asked Questions
What was Rentomojo’s Q2 FY27 revenue?
Revenue from operations reached ₹142.1 crore, increasing approximately 53% year-on-year.
Why did reported profit decline?
A large deferred-tax credit boosted the previous year’s comparable profit, while the latest quarter included a tax expense.
Did normalised profit increase?
Yes. Company-reported normalised profit rose 52.2% to approximately ₹24 crore.
Conclusion
Rentomojo’s September-quarter results highlight rapid subscriber and revenue growth alongside a tax-driven decline in reported profit.
The company’s operating performance, investment spending and ability to generate sustainable cash flow will be more informative than the headline profit percentage alone.
Disclaimer: This article is for information only and does not constitute investment advice. Equity investments involve market risks.
