Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Furlenco Turns Around In FY25: Posts Profit After Rs 130 Cr Loss, Revenue Surges 65%
This article covers Furlenco’s turnaround in FY25: revenue from operations jumped ~65% to ~Rs 229 crore from ~Rs 139 crore in FY24, and the company swung to a net profit of ~Rs 3 crore from ~Rs 130 crore loss in the prior year. It notes key operational shifts: rental income rose ~61% to Rs 208 crore, product-sales more than doubled; expenses were cut ~16% (employee costs down ~35%, finance costs down ~41%). The article interprets this as a meaningful proof-point of a furniture-rental startup achieving maturity: growth, cost discipline and margin improvement.