IKEA India has reported a 6% year-on-year rise in sales for FY25, with annual revenue touching ₹1,860.8 crore. The Swedish home furnishing retailer said its growth was driven by expanding reach across cities and online channels, alongside continued demand for affordable home solutions.

The company said it aims to achieve profitability in the next two years as it continues to expand its physical and digital presence in India.

Murali Iyer, Chief Financial Officer of IKEA India, said the company also improved its EBITDA (excluding fixed costs) by 12% during the financial year, which runs from September 2024 to August 2025, in line with IKEA’s global calendar.

Online sales grew 34% year-on-year, supported by the company’s entry into North India through e-commerce and new-format stores in De

See Full Page