Rentomojo Limited Q2 FY27 Revenue Rises 52.8% to ₹142.11 Crore

Rentomojo Limited reported Q2 FY27 revenue from operations of ₹142.11 crore, up 52.8% year on year, supported by growth in live items, subscribers and orders, while reported net profit was ₹18.19 crore. The company’s results cover the quarter ended September 30, 2026, shortly after its September IPO.

What did Rentomojo report for Q2 FY27?

Rentomojo reported consolidated revenue from operations of ₹142.11 crore in Q2 FY27, compared with ₹93.01 crore in Q2 FY26 and ₹126.33 crore in Q1 FY27. This represents year-on-year growth of 52.8% and sequential growth of 12.5%. The company operates in one reportable segment: furniture and appliances rentals and subscriptions in India.

Reported profit before exceptional items and tax stood at ₹23.99 crore. A net exceptional gain of ₹0.41 crore lifted reported profit before tax to ₹24.40 crore, while net profit came in at ₹18.19 crore. Rentomojo’s presentation separately reported normalised PAT of ₹24.00 crore, up 52.2% year on year, indicating that the normalised measure differs from statutory reported profit.

What drove Rentomojo’s revenue growth during the quarter?

Rentomojo said revenue growth was supported by expansion in live items and higher order volumes. Items ordered rose 45.0% year on year and 15.9% quarter on quarter to 381,347 during Q2 FY27. The company also reported a 42.5% increase in live subscribers and a 44.0% increase in live items from a year earlier.

Average occupancy improved to 85.9%, according to the investor presentation. Management has identified subscriber additions and items per user as key drivers of growth. The available earnings material states that items per user rose from 2.3 to about 2.8, while rent per item remained broadly steady.

Rentomojo also reported that organic channels account for about 60% of customer acquisitions. Its offline store expansion was 83% higher year on year, providing another channel for customer acquisition. These operating measures are relevant because a rental business requires both customer demand and sufficient deployable inventory to support revenue growth.

How did margins and earnings compare with earlier periods?

Rentomojo’s normalised EBITDA was ₹58.80 crore in Q2 FY27, up 52.7% year on year and 12.6% sequentially. The presentation stated that normalised EBITDA margins remained around 40-41%. Total income increased 53.1% year on year, while other income was ₹1.68 crore against ₹0.92 crore in the comparable prior-year quarter.

Reported Q2 FY27 net profit of ₹18.19 crore was 62.6% lower year on year, according to the results summary. Basic and diluted earnings per share were ₹1.84 and ₹1.81, respectively. Investors should distinguish between the company’s normalised PAT figure and the statutory reported net profit when comparing earnings performance.

What do the first-half results and IPO mean for investors?

Rentomojo recorded H1 FY27 revenue from operations of ₹268.44 crore, compared with ₹176.61 crore in H1 FY26. H1 FY27 profit before tax was ₹34.96 crore and reported net profit was ₹26.02 crore. For comparison, the source reported H1 FY26 net profit of ₹61.38 crore, though the provided material does not detail the factors behind that comparison.

The company completed its IPO on September 17, 2026. The offering included a fresh issue of ₹150.00 crore and an offer for sale of ₹1,105.57 crore. The quarterly results are therefore among the first financial updates after listing, making the pace of revenue growth, operating margin stability and reported-profit reconciliation important data points for public-market investors.

Rentomojo has scheduled its Q2 FY27 earnings conference call for November 12, 2026, from 4:00 PM to 5:00 PM IST. Management is expected to discuss the quarter and file its presentation after the results declaration. The call may provide further context on operating metrics, expansion and the difference between normalised and reported earnings measures.

Conclusion

Rentomojo delivered revenue growth of 52.8% in Q2 FY27, with higher orders, subscribers, live items and occupancy supporting the performance. Normalised EBITDA and normalised PAT also increased by more than 52% year on year, while statutory net profit of ₹18.19 crore was lower on the reported comparison basis.

Investors will watch the November 12 earnings call for management’s discussion of subscriber growth, offline expansion, occupancy and profitability. The company’s use of IPO proceeds and the relationship between its normalised profit metrics and reported financial results remain relevant areas for review.