Rentomojo shares rise 6% after revenue and PAT growth
In short
Rentomojo shares rose 6% after its first earnings report since listing last month. The report said Q1 FY27 revenue was Rs 126 crore, up about 50% year on year, and EBITDA rose to Rs 51 crore from Rs 34 crore.
This matters because investors responded positively to the new listing’s early results. The report does not give full margin details or say whether the gains will last.
What the reporting says
Rentomojo shares rallied after the company’s first earnings report since listing last month showed Q1 FY27 revenue of Rs 126 crore, up about 50% year on year, according to the reported summary. EBITDA rose to Rs 51 crore from Rs 34 crore, and normalised PAT also increased, though the provided source text is cut off before the full margin figure. The immediate market reaction was positive, but the full guidance and valuation outlook were not stated.
Why it matters
Rentomojo shares rallied 6% after the company reported its first results since listing last month. The reported numbers show Q1 FY27 revenue of Rs 126 crore, up about 50% year on year, with EBITDA rising to Rs 51 crore from Rs 34 crore and normalised PAT also improving. The source text is truncated, so the complete margin figure and forward outlook are not stated.