The company, which sells home furnishings like sofas, tables and beds, said profit was expected to come between 30 million pounds and 35 million pounds ($36.94 million-$43.10 million) and that profit would be weighted in the second half of 2024 due to weak demand at the end of 2023.

($1 = 0.8121 pounds)

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Subhranshu Sahu)