# RentoMojo Q1 profit falls 39% to Rs 7.8 cr, revenue up 51%

2026-10-06T03:51:10+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Furniture and appliance rental startup RentoMojo reported a 38.7% drop in net profit to Rs 7.8 crore for Q1 FY27, compared to Rs 12.8 crore a year ago, according to its first financial disclosure since listing. Inc42 reports that operating revenue rose 51.1% to Rs 126.3 crore, driven by growth in live items and items ordered. CNBC-TV18 reports that a fire incident at one of its warehouses caused an exceptional loss of Rs 11.3 crore during the quarter, impacting profit. Adjusted for this item, net profit rose 71.8% year-on-year to Rs 21.9 crore. EBITDA grew 54% to Rs 51.42 crore with margin expanding to 41%, while Inc42 notes EBITDA margin contracted to 32.2% from 41% on a different calculation. Items ordered on the platform rose 45.8% to 3.29 lakh, and live items stood at 9.22 lakh versus 6.54 lakh a year earlier. Average revenue per item increased to Rs 1,662.6 from Rs 1,557.2. The company's shares ended the previous session at Rs 512.6, up 26.9% from the issue price of Rs 404 in September 2026.

## Indian Opinion Analysis

Inc42 leads with the headline 'profit tanks 39%' and the sequential profit decline, while CNBC-TV18 leads with 'strong Q1 revenue and EBITDA growth' and attributes the profit drop to an exceptional fire loss. CNBC-TV18 adds that adjusted for the loss, net profit rose 71.8%, a figure Inc42 omits entirely. CNBC-TV18 also reports an EBITDA margin of 41%, while Inc42 reports 32.2%, the discrepancy stems from different EBITDA definitions (Inc42 uses a narrower operating EBITDA). The fire incident, the adjusted profit figure and the margin difference are the key areas where a reader gets a fuller picture by combining both reports.

## Coverage

Coverage: 2 sources, 2 neutral
- inc42.com (neutral report) <https://inc42.com/buzz/rentomojo-q1-profit-tanks-39-yoy-to-%E2%82%B97-8-cr-revenue-zooms-51/>
  Straight financial reporting, leads with profit drop and sequential decline
- cnbctv18.com (neutral report) <https://www.cnbctv18.com/market/rentomojo-share-price-q1-result-reaction-strong-revenue-ebitda-growth-margin-expansion-warehouse-fire-profit-impact-returns-20005246.htm>
  Straight reporting, leads with revenue and EBITDA growth, highlights fire loss

This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry.

Tags: CNBC-TV18, Ebitda, FY27, Inc42, Q1 results, RentoMojo
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How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/