IKEA India FY25: Sales Up 6% YoY; Focus on Profitability and Northern Expansion

IKEA India reported a 6% YoY increase in sales, with annual revenue at ₹1,860.8 crore for the financial year ended August 2025, according to its Swedish parent Ingka Group’s global results. Despite a 0.9% dip in group revenue to €41.5 billion, IKEA India’s EBITDA (ex-fixed costs) improved by 12%, supported by growth in online and new-format stores. The company saw a 34% rise in online sales, aided by its entry into North India through online delivery and a new city store in West Delhi, alongside a Plan and Order Point in Bengaluru. 🛒 Operational Highlights: 110 million customers served across physical and digital channels IKEA for Business segment contributed 19% of total sales, growing 20% YoY Food segment contributed ~10% of total business, serving 2.2 million food tickets in FY25 CFO Murali Iyer highlighted the success of the North India entry, while CEO Patrik Antoni reiterated the goal to make IKEA India profitable within two years. The Indian home-furnishing market is projected to reach USD 48 billion by 2030 (CAGR: 8.7%), and IKEA plans to capture long-term growth through affordability, accessibility, and sustainability. IKEA currently operates 3 large-format stores (Hyderabad, Navi Mumbai, Bengaluru), 2 city stores (Worli, West Delhi), and 1 Plan & Order Point in Bengaluru, supported by distribution centers in Pune and Gurugram. 📊 Key Metrics FY25 (Sept–Aug): Revenue: ₹1,860.8 crore (+6% YoY) EBITDA (ex-fixed costs): +12% YoY Online Sales: +34% YoY Visitors: 110 million #IKEAIndia #RetailGrowth #HomeFurnishing #EarningsUpdate #ConsumerRetail #IndiaExpansion #OnlineSales #HomeDecor #EBITDAGrowth #StockYardResearch #MarketUpdate #IKEAForBusiness #FMCG #RetailSector