RentoMojo extends profit run as valuation woes persist
Furniture rental platform RentoMojo expects to close FY25 with gross rental revenues of over ₹315 crore ($36.8 million) and a net profit of ₹40 crore ($4.68 million). As of December 2024, its contractual income based on gross rentals stood at ₹600 crore ($70.2 million). The 11-year-old company has been profitable since fiscal year 2022.
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