Ikea India’s revenue grows 6% YoY to Rs 1,860 crore, eyes profitability in 2 years

Swedish furniture giant Ikea India’s Indian arm has posted 6% year-on-year (YoY) revenue growth of Rs 1,860.8 crore during 2024-25, while earnings before interest, taxes, depreciation and amortization (EBITDA) excluding fixed costs grew 12% YoY. Ikea India expects to become profitable in India within two years, according to a press release issued on Tuesday. The […]