Tech-enabled home interiors brand HomeLane reported a 22 percent rise in revenue to Rs 756 crore in FY25, up from Rs 613.6 crore in the previous fiscal, as the company moved closer to sustained profitability following the acquisition of rival DesignCafe.
The company also narrowed its net loss to Rs 80 crore in FY25, compared with Rs 121.7 crore in FY24, aided by stronger cost controls and improved operational efficiency. HomeLane turned EBITDA positive for the first time in Q4 FY25, reporting an operating profit of Rs 2.8 crore on quarterly revenue of Rs 219 crore.
What did the company say about profitability?
“FY25 marks a turning point for HomeLane as we deliver profitable growth while integrating the strengths of HomeLane and DesignCafe,” said Srikanth Iyer, co-founder and CEO of HomeLane. “We are now well-positioned to accelerate our mission of making beautiful, personalized homes accessible to every Indian family.”
The company’s EBITDA losses narrowed from -15 percent in FY24 to -9.9 percent in FY25, reflecting improved unit economics and disciplined expense management.
“The first two quarters of FY26 were good on the margins front as they improved year-on-year, but the scale was not there. We are expecting a revival in that and end FY26 on a profitable note,” a HomeLane spokesperson told Moneycontrol.
How does the DesignCafe acquisition fit in?
The acquisition of DesignCafe, completed during FY25, consolidated HomeLane’s position in India’s organised home interiors market. Both brands continue to operate independently on the consumer side, while sharing technology, supply chain, and backend operations to drive synergies and improve margins.
The integration has allowed HomeLane to expand its reach while optimising costs, a move that contributed to its turnaround during FY25.
What’s next for HomeLane?
HomeLane said it plans to build on its FY25 momentum and expects to close FY26 with full-year profitability.
Founded in 2014, the Bengaluru-based company has expanded to 40 cities with more than 84 experience centres and claims to have delivered homes for over 55,000 customers. It is backed by marquee investors including Accel, Peak XV Partners, WestBridge, Pidilite, and MS Dhoni.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.