Ikea India sales grows 6% YoY to Rs 1,860 crore, eyes profitability in 2 years
The Indian arm of Swedish furniture giant, Ikea India has posted 6% year-on-year (yoy) growth in sales at Rs 1860.8 crore for 2024-25, while earnings before interest, taxes, depreciation, and amortisation (EBITDA) excluding fixed costs grew 12% yoy. According to a press release issued on Tuesday, Ikea India said it expects to become profitable in…