Livspace Reports 23% Revenue Growth, Reduces EBITDA Loss FY25

Livspace, India’s leading home design and interiors platform, reported revenue of Rs. 1,460 crore (US$164.8 million) for FY25, marking a 23 percent year-on-year growth.

The company also achieved a significant improvement in profitability, halving its adjusted EBITDA loss to Rs. 131 crore (US$14.8 million), reflecting stronger operational efficiency. The growth was driven primarily by increased demand in premium and mass-premium residential segments, with gross margins rising 26 percent to Rs. 752 crore (US$84.7 million). Consequently, the EBITDA margin improved from -20.8 percent to -9.0 percent, signaling the company’s trajectory toward sustainable profitability.

Key Highlights

• Livspace revenue rises 23 percent YoY to Rs. 1,460 crore in FY25
• Adjusted EBITDA loss halved to Rs. 131 crore with improved margins
• Expansion to 200+ stores in 100 cities and Singapore via Qanvast

Livspace ended the fiscal year with approximately Rs. 708 crore (US$79.8 million) in cash, providing the financial flexibility to pursue expansion and strategic initiatives. Currently, the company operates over 150 stores across 90 Indian cities, with plans to expand to more than 200 stores in 100 cities by FY25-end.

Beyond India, Livspace serves the Singapore market through Qanvast and has raised about US$450 million from prominent investors, including KKR, TPG Growth, and Goldman Sachs, highlighting strong investor confidence in its growth model.

Also Read: India's Home Interiors Market Set to Hit $24.52 Billion by 2030

Livspace’s performance underscores the increasing adoption of technology-enabled home design and furnishing solutions in India, positioning it as a leader in the interior design and home renovation sector. The company continues to focus on scalable expansion, margin improvement, and enhanced customer experience as it consolidates its leadership in both domestic and international markets.