Furlenco’s FY26 Profit Surges Multifold To ₹59.5 Cr, Revenue Up 62% YoY
After turning profitable in the fiscal year FY25, furniture rental startup Furlenco saw its net profit for the fiscal year…
Furlenco, the Bengaluru-based furniture rental startup, experienced a substantial surge in its net profit and revenue during the fiscal year FY26. Achieving profitability for the first time in FY25, Furlenco's net profit for FY26 skyrocketed to ₹59.5 Cr, a remarkable 20X increase from the ₹3.1 Cr profit recorded in the previous year.
Operating revenue for FY26 rose by 61.9%, reaching ₹370.4 Cr from ₹228.7 Cr in FY25, marking a 2.6X growth over the past two fiscal years. Total income, inclusive of other income, grew by 56.4% to ₹375.4 Cr, reflecting a 2.5X increase from ₹140 Cr in FY24. The rental of furniture and office equipment remained the primary revenue source, contributing to 92% of the total operating revenue or ₹341.1 Cr.
Rental income saw a 64% YoY surge, while furniture sales rose by 38% to ₹29.4 Cr. EBITDA nearly doubled to ₹129.5 Cr, with an EBITDA margin expanding to 35.01% from 29% in FY25.
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