Furlenco FY26 Profit Surges 20X To ₹59.5 Crore, Revenue Up 62%

3 Sept 2026, 9:10 pm · 9d ago · 1 min read · Inc42

Bengaluru-based furniture and appliance rental startup Furlenco reported a 20X surge in net profit to ₹59.5 crore for FY26, up from ₹3.1 crore in FY25. The Sheela Foam-backed company saw operating revenue jump 61.9% year-on-year to ₹370.4 crore, driven primarily by rental operations which accounted for 92% of top-line revenue at ₹341.1 crore. EBITDA nearly doubled to ₹129.5 crore with margins expanding to 35.01%. Founded in 2012, Furlenco operates across 28 Indian cities. The company had raised ₹125 crore during the fiscal year to support expansion, product innovation, and technology development.