RentoMojo Q1: Profit Tanks 39% YoY To ₹7.8 Cr, Revenue Zooms 51%

In its first financial disclosure after becoming a listed entity, furniture and appliance rental startup RentoMojo’s net profit tanked 38.7% to ₹7.8 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27) compared to ₹12.8 Cr in the year-ago quarter. On a sequential basis, the company’s profit more than halved, 53% to be precise, from ₹16.8 Cr. The dip in bottom line came despite operating revenue zooming 51.1% to ₹126.3 Cr in the quarter under review as against ₹83.6 Cr in Q1 FY26.