Homelane records Rs 748 revenue in FY25 but falls short of projections

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Home interior design firm HomeLane acquired DesignCafe last year in a share-swap deal. The merged entity was projected to achieve a topline of around Rs 1,000 crore and turn EBITDA profitable in FY25. However, the projections fell short, as the Peak XV-backed company closed the fiscal with Rs 747.8 crore in revenue and a loss of Rs 111 crore.

HomeLane’s revenue from operations grew by 22% year-on-year to Rs 747.8 crore in FY25 from Rs 613.6 crore in FY24, its consolidated financial statement filed with the Registrar of Companies (RoC) shows.

HomeLane

HomeLane…



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Homelane records Rs 748 revenue in FY25 but falls short of projections


Home interior design firm HomeLane acquired DesignCafe last year in a share-swap deal. The merged entity was projected to achieve a topline of around Rs 1,000 crore and turn EBITDA profitable in FY25. However, the projections fell short, as the Peak XV-backed company closed the fiscal with Rs 747.8 crore in revenue and a loss of Rs 111 crore.

HomeLane’s revenue from operations grew by 22% year-on-year to Rs 747.8 crore in FY25 from Rs 613.6 crore in FY24, its consolidated financial statement filed with the Registrar of Companies (RoC) shows.

HomeLane

HomeLane…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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