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Furlenco's annual revenue falls 10.4% as business slows

  • Furlenco's annual revenue from operations fell 10.4% to Rs 139.56 crore for the year ended March 31, 2024.
  • The company's loss for the year slightly increased to Rs 130.22 crore.
  • Furlenco's rival Rentomojo reported a 3X increase in profit after tax to Rs 22 crore.
  • Rentomojo's net revenue rose by 60% to Rs 193 crore.

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