Facebook Pixel Ikea India revenue rises 6% in FY25 | Financial Express Ahmedabad - newspaper - Bu hikayeyi Magzter.com'da okuyun

Denemek ALTIN - Özgür

Ikea India revenue rises 6% in FY25

Financial Express Ahmedabad

|

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.

- VIVEAT SUSAN PINTO

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.

Financial Express Ahmedabad'den DAHA FAZLA HİKAYE

Financial Express Ahmedabad

Sebi to issue advisory on Mythos risks: Pandey

AMID CONCERNS AROUND Anthropic’s artificial intelligence (AI) model Mythos, Securities and Exchange Board of India (Sebi) Chairperson Tuhin Kanta Pandey on Monday said it will soon issue an advisory to market participants, outlining how they should stay alert to vulnerabilities and play a proactive role in mitigation.

time to read

2 mins

May 05, 2026

Financial Express Ahmedabad

'Scaling AI agents responsibly is the real test'

As enterprises race to deploy AI agents, the conversation is shifting from capability to control.

time to read

2 mins

May 05, 2026

Financial Express Ahmedabad

How BJP breached Trinamool's bastions

THE BJP'S DECISIVE victory in West Bengal, ending 15 years of Mamata Banerjee's rule, was emphatic in its spread across the state. If the party held on to its bastion in North Bengal, it made inroads into South Bengal, including the Presidency division which was so far the TMC's impregnable fortress.

time to read

1 mins

May 05, 2026

Financial Express Ahmedabad

Dream Sports launches stock broking platform

DREAM SPORTS, THE parent group of Dream1l, has launched DreamStreet, an AIpowered stock broking platform aimed at simplifying investing for retail users, particularly first-timers who have stayed away from markets due to perceived complexity, the company said in a statement.

time to read

1 min

May 05, 2026

Financial Express Ahmedabad

Three things India can do to grow

India has to be more serious about its green transition, push harder in manufacturing certain kinds of products, and educate its population more widely and effectively

time to read

3 mins

May 05, 2026

Financial Express Ahmedabad

Crude shock: Rupee closes above 95 for the first time

THE RUPEE CLOSED at a record low of 95.0875 against the dollar on Monday, weakened by a spurt in crude oil prices and elevated dollar demand.

time to read

1 mins

May 05, 2026

Financial Express Ahmedabad

‘Triple whammy risk looms over India’

Energy shocks, tighter financial conditions and a bad monsoon may pose a triple whammy for India, said Krishna Srinivasan, director, International Monetary Fund’s Asia and Pacific Department.

time to read

4 mins

May 05, 2026

Financial Express Ahmedabad

Modi: Lotus blooming from Gangotri to Gangasagar

PRIME MINISTER NARENDRA Modi on Monday said the lotus is now blooming from Gangotri to Gangasagar with the BJP’s historic victory in West Bengal and asked all parties to work for change, not revenge, and ensure that the state's future trumps over fear.

time to read

1 min

May 05, 2026

Financial Express Ahmedabad

Direct tax collections rise 5% to ₹23.4 lakh crore in FY26

INDIA’S DIRECT TAX collections after refunds grew at a five-year low of just 5.12% year-on-year in FY26 (provisional figures) and fell short of the revised estimates of ₹24.21 lakh crore by ₹80,594 crore, according to data released by the Central Board of Direct Taxes (CBDT) on Monday.

time to read

1 mins

May 05, 2026

Financial Express Ahmedabad

Congress-led UDF ends Pinarayi's 10-year run

KERALA ON MONDAY witnessed a sharp political reset as the state electors voted out the last Left government in the country, bringing back the Congress to the ruling saddle after a gap of 10 years, while the BJP broke through a longstanding electoral drought by winning three seats.

time to read

1 min

May 05, 2026

Listen

Translate

Share

-
+

Change font size