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Ikea India revenue rises 6% in FY25
Financial Express Pune
|November 12, 2025
FURNITURE RETAILER IKEA India's revenue grew 6% yearon-year in FY25 to ₹1,860.8 crore, it said on Tuesday. Its earnings before interest, taxes, depreciation and amortisation (Ebitda), excluding fixed costs grew 12% yo-y.
The retailer also said it expects to become profitable in India in two years, driven by its expanding reach across cities and online channels, alongside continued demand for furniture and affordable home solutions in the country.
The firm entered India in August 2018 with its first store in Hyderabad. Its second store in Navi Mumbai was launched in December 2020. The company entered North India this year through the online channel.
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