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Home design platform Livspace reported a 23% year-on-year rise in revenue, reaching INR 1,460 crore in the past fiscal year, alongside a near 50% reduction in adjusted EBITDA losses to INR 131 crore. The company attributed the improvement to higher traction in premium and mass-premium segments, better revenue quality, and disciplined cost management. Backed by leading global investors, Livspace continues to expand its footprint across India and Singapore, serving thousands of homeowners with end-to-end renovation solutions.
Livspace, a leading company in the home design and interiors sector, announced earlier this week that it had achieved a 23% growth in revenue, touching INR 1,460 crore during the last fiscal year. The firm also managed to reduce its adjusted EBITDA loss by nearly half, bringing it down to around INR 131 crore. Advertisement
According to the company, the results reflected strong momentum in premium and mass-premium residential categories, along with improved revenue quality and continued focus on cost control and unit economics. Livspace said that its integrated model - which combines design, product sourcing, and last-mile execution - has played a key role in driving operational efficiency.
The firm provides homeowners with comprehensive renovation solutions, covering every stage from interior design to final project fulfilment. It has successfully brought together designers, brands, manufacturers, and contractors on a single digital platform to deliver an eCommerce-like experience in home interiors.
Livspace currently operates across more than 70 metro and non-metro locations in India and in Singapore through its subsidiary Qanvast. The company has completed over 120,000 room projects and sold more than 5 million SKUs via its platform.
Over the years, Livspace has secured approximately USD 450 million in funding from a range of high-profile investors including KKR, Ingka Group Investments (part of IKEA's parent group), TPG Growth, Goldman Sachs, Kharis Capital, Venturi Partners, FFP (Peugeot Group's holding company), EDBI, Bessemer Venture Partners, Jungle Ventures, Helion Ventures, and UC-RNT.
Livspace's strong financial performance in the past fiscal year underscores its growing dominance in India's home interiors market. The company's strategic emphasis on the premium residential segment, efficient cost structure, and digital ecosystem integration has contributed to healthier margins and a lower loss profile. With continued backing from prominent global investors, Livspace appears well-positioned to strengthen its presence across key markets while maintaining steady growth momentum.
Source - PTI
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