GENERAL6 Sept 2026
NoBroker eyes profitability in 8-10 months, FY26 revenue tops ₹1k cr: CEO
NoBroker, the Bengaluru property platform that does not charge brokerage, says revenue crossed Rs 1,000 crore last fiscal year. Losses fell about 25-30 per cent to near Rs 300 crore. The firm wants to be profitable in 8-10 months and will consider an IPO only after that. Extra services like packers and movers are now key growth areas.
Key Statutory Highlights
- NoBroker's revenue crossed Rs 1,000 crore in the last fiscal year, according to its CEO.
- The company reduced losses by 25-30 per cent to about Rs 300 crore and aims for profitability within 8-10 months.
- NoBroker is focused on profitability first and is not looking to raise funds or launch an IPO right now.
Actionable Advice for Taxpayers / Founders:No direct action is needed. If you use NoBroker's services, simply watch for any changes in fees or offerings as the company pushes for profit over the next 8-10 months.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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