Pepperfry hits first quarterly profit in 14 years, then acquired by TCC Concept in Rs 659-crore share-swap
The online furniture marketplace, founded 2011, posted its first quarterly profit in Q4 FY26 after building an in-house supply chain (Pepcart, 100+ trucks, sub-2% damage rates) and pivoting to FOFO stores now driving 60% of revenue across ~120 outlets. TCC Concept has acquired a 95.18% stake.
Profile of Indian online furniture marketplace Pepperfry, tracing its founding, supply-chain build (Pepcart), FOFO store expansion, first quarterly profit in 14 years, and December 2025 acquisition of a 95.18% stake by TCC Concept.
Why this matters
The profit milestone and TCC Concept acquisition follow Pepperfry's aggressive FOFO expansion, including plans for 35 omnichannel stores by August 2026 toward a 250+ network, and a pivot to local wood amid rising freight and input costs.
Retail-company signals are accelerating, up +737600% QoQ.