Furlenco Revenue Nears Rs 370 Crore in FY26 as Profits Jump 19X

28 Aug 2026, 1:06 pm · 15d ago · 1 min read · Entrackr

Bengaluru-based furniture rental platform Furlenco reported a 62% surge in operating revenue to Rs 370.43 crore in FY26, up from Rs 228.74 crore in FY25. Following Sheela Foam's acquisition of a 35% stake, the company's revenue has grown 2.6X over two years from Rs 140 crore in FY24. Furlenco's net profit surged 19.1X to Rs 59.52 crore, compared to the previous fiscal. Core rental services generated 92% of operating income at Rs 341.07 crore. Total expenses rose 45.1% to Rs 343.85 crore, driven by climbing finance costs, depreciation, and raw material expenses.