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Rentomojo posts Rs 266 Cr revenue in FY25; profits surge 92%

EntrackrEntrackr · 8d ago
Rentomojo posts Rs 266 Cr revenue in FY25; profits surge 92%
Medial

Rentomojo posts Rs 266 Cr revenue in FY25; profits surge 92% Following strong momentum in the previous year, furniture and appliances rental startup Rentomojo reported a 38% year-on-year increase in revenue in FY25, while its profit surged 92% during the same period. Rentomojo’s revenue from operations rose to Rs 266 crore in FY25, compared to Rs 193 crore in FY24, according to a company statement released on Monday. Founded in 2014, Rentomojo operates at the intersection of consumer tech and lifestyle, offering furniture, appliances, and newer categories such as water purifiers on a rental basis. The company currently serves over 2.2 lakh live subscribers, manages more than 7.7 lakh rental items, and operates across 23 cities through 71 experience stores. The company said its net rental revenue grew at a 48.24% CAGR between FY23 and FY25, while EBITDA increased to Rs 118.41 crore in FY25 from Rs 78.23 crore in FY24, reflecting improved operating leverage. Founder and CEO Geetansh Bamania attributed the improved performance to disciplined execution, automation, and a refurbishment-led operating model. “Rentomojo is a consumer tech company building a subscription-first model that has delivered sustained profitability while solving a major problem for its consumers,” he said. According to the company, its return on capital employed (ROCE) stood at 25.1% in FY25, driven by reinvestment into refurbishment, automation, and capital efficiency. Rentomojo added that its circular economy-led approach, focused on reuse and sustainability, has helped improve asset utilisation and long-term resilience. Rentomojo has raised over Rs 650 crore across multiple funding rounds, including its latest $25 million round led by Edelweiss. Notable investors include Accel, Chiratae Ventures, Bain Capital, along with Edelweiss Discovery Fund and ValueQuest S.C.A.L.E. Fund. The company is also supported by banks and NBFCs. The startup competes with players such as Furlenco, Rentickle, Cityfurnish, and to some extent, Pepperfry. According to media reports, the firm is also preparing for an initial public offering (IPO).

Healthkart’s revenue nears Rs 1,400 Cr in FY25; profit triples

EntrackrEntrackr · 1m ago
Healthkart’s revenue nears Rs 1,400 Cr in FY25; profit triples
Medial

Healthkart’s revenue nears Rs 1,400 Cr in FY25; profit triples HealthKart, a nutrition and supplement e-commerce platform, recorded a 3X year-on-year jump in profit after turning profitable in FY24. The Gurugram-based company’s sharp profit growth was steered by strong sales momentum and a controlled cost structure. Healthkart’s operating revenue grew 29% to Rs 1,313 crore in FY25 from Rs 1,021 crore in FY24, according to its consolidated financial statement sourced from the Registrar of Companies (RoC). HealthKart owns and manufactures eight nutritional brands including popular supplement brands like MuscleBlaze, The Protein Zone, TrueBasics, HKVitals, bGreen, Nouriza, and Gritzo. Sales of products formed 97% of total revenue which rose by 29% to Rs 1,277 crore in FY25. Collections from services also increased by 16% to Rs 36 crore. Notably, non-operating revenue increased to Rs 55 crore in the last fiscal year from Rs 48 crore in FY24. The cost of materials accounted for the largest share of the company’s expenditure at 49%. To the tune of scale, this cost rose 26% to Rs 623 crore in FY25 from Rs 495 crore in FY25. Advertising spend saw a sharper rise of 39% to Rs 263 crore, while commission expenses increased 22% to Rs 82 crore. In contrast, employee benefit costs declined 5% to Rs 115 crore. Overall, Healthkart managed to keep its cost growth below revenue expansion. Its total expenses rose 23% to Rs 1,273 crore in FY25 from Rs 1,032 crore in FY24. The company’s profit surged over 3X to Rs 120 crore in FY25, while its ROCE and EBITDA margin improved to 5.45% and 6.02%, respectively. On a unit basis, Healthkart spent Re 0.97 to earn a rupee of operating revenue in FY25, compared to Rs 1.01 in FY24. As of FY25, its current assets stood at Rs 971 crore including Rs 73 crore in cash and bank balances. According to startup data intelligence platform TheKredible, Healthkart has raised a total of $382 million of funding till date, having Peak XV Partners, Temasek and Sofina as its lead investors. The company’s founder and CEO, Sameer Maheshwari owns 12% of the company.

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