Ikea India, a subsidiary of Netherlands-based Ingka Holdings, reported a loss of ₹1,299.4 crore for fiscal 2024. Its revenue from operations stood at ₹1,809.8 crore, up 4.5% in the financial year that ended on March 31, 2024. Ikea India reported a loss of ₹1,133 crore and its revenue from operations stood at ₹1,731.6 crore a year earlier.