Swedish home furnishing major IKEA India reported a 6 per cent rise in sales to ₹1,860.8 crore in FY25, driven by growth across online, B2B, and food segments. The company’s EBITDA (excluding fixed costs) improved 12 per cent year-on-year, and it aims to turn profitable within the next two years.

Commenting on the company’s performance, Murali Iyer, Chief Financial Officer, IKEA India, said, “The share of online sales grew by 34 per cent. Our entry into the North market through online channels and new format stores across Delhi and Bengaluru has been truly rewarding. IKEA India welcomed close to 110 million customers across our channels in FY25.

IKEA for Business contributed 19 per cent to total sales, growing 20 per cent year-on-year, while food continued to be both a strong visitatio

See Full Page