NSE:RENTOMOJO management interview: A Strong Q1 For Rentomojo | 2% Of The Gross Block Impacted Due To Fire At Noida Facility, Says Co
CNBC-TV18, 2026-10-06. Video: https://www.youtube.com/watch?v=uPzkX2ISxx8
- Q1 financial performance: RentoMojo reported a 51% year-on-year revenue increase to approximately ₹126 crore and a 45% rise in ordered live items, though PAT compressed by over 30% due to an exceptional ₹11.5 crore loss from a Noida warehouse fire.
- Seasonality drivers: Business demand peaks from February to September, driven by lateral job switches in March, summer demand for cooling appliances through June, and college graduates entering the workforce in July and August.
- Category demand trends: Core categories like beds, mattresses, refrigerators, and washing machines continue to see high growth alongside rapid adoption in water purifiers, sustaining an overall platform occupancy rate of 83% to 85%.
- Order volume metrics: The platform logged 3.2 to 3.3 lakh item orders in Q1—displacing roughly ₹400 crore in retail purchases—while average items per user expanded from 2.6 to 2.8.