Business & Retail

Pepperfry Reports First Profitable Quarter in Q4 FY26

Published: May 26, 2026
Author: HFT

Furniture and home marketplace outlines expansion plans under “Pepperfry 2.0” strategy

Pepperfry Limited announced its first-ever profitable quarter during Q4 FY26, marking a significant development in the company’s business transformation strategy.

The company stated that the profitability milestone follows several years of operational and structural changes aimed at improving efficiency, customer experience, and long-term business sustainability.

Ashish Shah said the company undertook measures to simplify operations, rebuild processes, and strengthen business focus across different functions. He added that Pepperfry plans to expand its omnichannel presence, strengthen its B2B and furnishing businesses, introduce new categories, and continue investments in technology, logistics, and supply chain capabilities.

According to the company, profitability was supported by initiatives including the strengthening of its omnichannel retail model, direct retail sales through stores following integration with TCC Group, improved conversion rates, higher average order values, and expansion of its network of more than 100 studios.

Pepperfry also stated that it continued to strengthen its position as a marketplace for design-led and D2C home brands across India.

Umesh Sahay said the company remained supportive of Pepperfry’s long-term growth plans and described the profitability milestone as validation of the company’s execution strategy.

Nikhil Bhuta shared consolidated financial figures for TCC Concept Limited for FY26. Revenue from operations increased to ₹1,793.9 Mn, reflecting 116% year-on-year growth. Consolidated EBITDA stood at ₹1,242.7 Mn with an EBITDA margin of 69.28%, while PAT increased to ₹648.2 Mn with a PAT margin of 36.14%.

For Q4 FY26, consolidated revenue from operations was reported at ₹838.7 Mn, with EBITDA of ₹499.6 Mn and PAT of ₹309.8 Mn.

According to the company, Pepperfry’s marketplace operations, omnichannel network, and supply chain capabilities are expected to contribute to the broader growth plans of the TCC Group ecosystem.

The company stated that it plans to continue expanding its omnichannel footprint in FY27 while investing further in logistics, technology, furnishing businesses, and new product categories.

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