Latest Ingka Holding Overseas BV News & Updates

Ikea India Reports Wider Loss in FY25 Despite Expansion Efforts

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Mumbai, Feb 4 (IANS) Ikea India, the local arm of Swedish furniture and home furnishing giant Ikea, has reported a wider loss for the financial year ended March 31, 2025 (FY25), even as it continues to invest heavily in expanding its presence in the country.According to a regulatory filing with business intelligence platform Tofler, Ikea India’s total loss widened to Rs 1,325.2 crore in FY25.In the previous financial year (FY24), the company had reported a net loss of Rs 1,299.40 crore.The com…