RentoMojo FY26 Profit Surges 142% To ₹104 Crore Ahead Of IPO

4 Sept 2026, 2:43 am · 9d ago · 1 min read · Inc42

Amount

₹150 Cr

Stage

IPO

Furniture and appliance rental startup RentoMojo reported a 142% year-on-year surge in restated profit after tax to ₹104.2 crore for FY26, up from ₹43.1 crore in FY25. The bottom-line growth was supported by top-line expansion and a ₹36.6 crore one-time tax credit. Operating revenue jumped 45.5% to ₹387 crore, while EBITDA rose 38% to ₹163.5 crore. Founded in 2014 by Geetansh Bamania and Ajay Nain, the Accel, Chiratae Ventures, and Bain Capital-backed startup has filed draft papers with SEBI for an IPO, including a fresh issue of ₹150 crore.