Ikea India’s FY25 loss balloons to Rs 1,325 crore

New Delhi: Ikea India, part of Swedish furniture and home furnishing retailer, has reported a widening of its total loss to Rs 1,325.2 crore in FY25, and its revenue from operations was also down 3.33 per cent to Rs 1,749.50 crore, according to a regulatory filing from the company. Its total income, which includes other income, was down 3.9 per cent to Rs 1,780.10 crore for the financial year ended on March 31, 2025, according to financial data accessed through the business intelligence platform Tofler. Ikea India Pvt Ltd’s net loss was at Rs 1,299.40 crore, and its revenue from operations was at 1,809.80 crore in the year-ago period, FY24. Interestingly, Ikea India’s expenses on advertising and sales promotion were up 14.06 per cent to Rs 223.9 crore for the financial year which ended on March 31, 2025, from Rs 196.3 crore a year before.