India, Oct. 23 -- Furniture rental startup Furlenco has reported its first-ever annual profit in FY25, marking a turnaround from steep losses a year ago. In the fiscal year, the startup posted a net profit of INR 3.1 Cr against a net loss of INR 130.2 Cr incurred in FY24.

Operating revenue jumped 64% to INR 228.7 Cr in FY25 from INR 139.6 Cr in the previous fiscal. Imperative to mention that Furlenco has steered back from declining revenues in the previous fiscal year, after reporting a 10% YoY drop in its top line in FY24.

The key reason driving Furlenco's turnaround story would be its increased focus on premium furniture offerings, with 30-40% of products priced 50% higher than competitors. The premium segment drove about 40% of its o...