मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
'Will be debt-free in 2-3 yrs & funding our own capex'
Financial Express Delhi
|December 01, 2025
Furniture rental firm Furlenco, backed by mattress giant Sheela Foam with a 44.6% stake, posted its first-ever profit of ₹3.1 crore on revenues of ₹240 crore in FY25.
Co-founder and CEO Ajith Mohan Karimpana tells Anees Hussain that the company is betting on a manufacturing first, premiumisation and distribution-led model.
Your rival Rentomojo has filed for an IPO. What is Furlenco's timeline?
We are in no rush. We would like to see three years of profitability. FY25 was our first year of profitability. In FY26, we expect to hit ₹340 crore in revenue, at 10% profit before tax. One more year of profitability, and then we will think of it. Our focus is on reaching 20% margins through expanding our in-house capacity for design, manufacturing, and refurbishing. This business is meant to be a high margin one when done correctly.
Furlenco was loss-making for years. What has changed?
यह कहानी Financial Express Delhi के December 01, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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