Expansion
across 100 new cities and strong growth in online business drive FY26
performance ~
~ Launches the Tubular Range as its entry into
the Outdoor Furniture category; expands portfolio with Gaming Furniture ~
Mumbai: Interio by Godrej, a leading furniture
brand from the Godrej Enterprises Group, reported revenue of INR 4,000 crore
for FY26, registering a year-on-year growth of 12% over FY25. The business
expanded its presence across 100 new cities during the year, while New Product
Introduction (NPI) sales contributed 22% to the overall business.
Interio plans to grow
revenue by 25% in FY27, supported by continued retail expansion, deeper market
penetration, growth in online sales and the introduction of new furniture
categories. The company also plans to add 102 new stores during FY27, with a
focus on strengthening its presence across North and East India.
Speaking on the
performance and outlook, Swapneel Nagarkar, Business Head and Executive Vice
President, Interio by Godrej said, “The Indian furniture industry
is entering a new phase of evolution where consumer expectations are moving
beyond functionality towards design, flexibility, technology integration and
overall living experiences. The Indian furniture market is expected to grow
from to USD 45.52 billion by 2031.[1]
Modern Indian homes today are becoming more adaptive, multifunctional and
expressive of personal lifestyles. This is influencing how consumers evaluate
furniture across aesthetics, usability, durability and convenience.”
He further added, “The
sector is witnessing increasing formalisation through evolving quality and
compliance standards, which is strengthening consumer trust and creating
long-term opportunities for organised brands. We believe the next phase of
growth in the industry will be driven by brands that can combine scale, design,
manufacturing strength, technology integration and strong physical retail
experiences. As homes continue to evolve, consumers are also reimagining balconies,
terraces and outdoor spaces as extensions of their living environments. This
has guided the development of our Outdoor Furniture category with the Tubular
Range, alongside our Gaming Furniture portfolio, creating furniture solutions
that are functional, contemporary and aligned with the way India lives today.”
Over the last three
years, Interio’s e-commerce business has grown 14 times and now contributes 15%
to the overall furniture business During FY26, the company expanded its delivery and installation network
from 1,200 pin codes to more than 20,000 pin codes across the country and
introduced 24-hour delivery and installation services across all state capital
cities.
As part of its New
Product Innovation strategy, Interio has entered the Outdoor Furniture category
with the launch of its new Tubular Range, while also expanding its portfolio
with a dedicated Gaming Furniture range. The Tubular Range has been designed to
respond to the growing preference for balconies, terraces and outdoor spaces as
extensions of modern Indian homes. Inspired by the timeless design language of
tubular steel, the collection combines lightweight aluminium construction,
weather-resistant materials and ergonomic design to create furniture that is
durable, functional and aesthetically suited for outdoor living. This range is aimed
at customers looking for furniture solutions that support hosting, outdoor
living, multifunctional usage and contemporary design preferences.
Interio continued to
strengthen its omnichannel capabilities during FY26 through supply chain
transformation, technology upgrades, and digital-first customer engagement
initiatives. This included a complete overhaul of its technology stack,
refreshed UI and UX under its rebranding initiative and the introduction of
AI-based product recommendation systems that offer tailored furniture
suggestions based on browsing behaviour, customer interactions, sales patterns
and offers.
Interio also expanded affordability initiatives for consumers through Zero Cost EMI options for up to 12 months, exchange programs for old furniture, extended warranty offerings, online-exclusive product ranges, and special offers through leading banking partners. To support expansion in price-sensitive markets, Interio continues to strengthen its portfolio of Eco products targeted at Tier 2 and Tier 3 consumers.