RentoMojo, the furniture and appliance rental startup, just posted its first results since hitting the stock market, and things are looking up.
Revenue for Q2 FY 2027 shot up 52.69% to ₹142 crore, and profit before tax climbed 54.19% to ₹24.3 crore.
RentoMojo shares at ₹615 versus ₹404
The company's IPO was a big hit this year, with shares now trading well above their IPO issue price: ₹615 versus ₹404 at launch.
Even with rising costs (total spending hit ₹120 crore in Q2 FY 2027), RentoMojo's subscription model for urban renters is clearly catching on, driving strong growth through the first half of FY 2027.