Rentomojo platform orders rise 45.8% in Q1 update
In short
Rentomojo said items ordered through its platform rose 45.8% to 3.29 lakh. It also said live items reached 9.22 lakh, up from 6.54 lakh last year, and average revenue per item rose to ₹1,662.6 from ₹1,557.2.
This matters because the numbers point to stronger platform activity and higher revenue per item. The reporting does not state the full profit picture or why the shares moved.
What the reporting says
Rentomojo reported that items ordered via its platform rose 45.8% to 3.29 lakh, with current live items at 9.22 lakh versus 6.54 lakh a year ago. The same update said average revenue per item increased to ₹1,662.6 from ₹1,557.2. The available reporting does not state the quarter dates, profit figures, or the immediate market reaction beyond shares being in focus.
Why it matters
Rentomojo’s update showed stronger platform scale, with orders up 45.8% to 3.29 lakh and live items rising to 9.22 lakh from 6.54 lakh. Average revenue per item also improved to ₹1,662.6. The source does not provide the quarter label, EBITDA figures, or the reason profitability improved. The implication is better operating momentum for the company and investor attention on the stock.