StockWatch
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Furniture, Home Furnishing
Quarterly Result6 Aug 2026, 08:00 pm

Wakefit Innovations Q1FY27 Revenue Up 16.6% YoY to ₹4,049.1 Mn

AI Summary

Wakefit Innovations Ltd announced its unaudited financial results for the quarter ended June 30, 2026. Revenue from operations increased by 16.6% year-on-year to ₹4,049.1 million. Reported EBITDA (excluding other income) grew by 25.2% to ₹564.0 million, with a margin improvement to 13.9%. Profit Before Tax surged by 85.1% to ₹363.1 million, and Profit After Tax rose by 19.2% to ₹233.8 million. The company highlighted strong performance in its mattress business, which grew 27.3% YoY, and a strategic expansion of its offline retail footprint, adding 27 new stores in the quarter, bringing the total to 165 COCO stores. Gross profit margin improved to 57.1%, partly due to price hikes to offset raw material cost increases. The company also noted repeat customers contributed 36.7% of revenue.

Key Highlights

  • Revenue from operations grew 16.6% YoY to ₹4,049.1 million.
  • EBITDA margin improved to 13.9% from 13.0% YoY.
  • Profit After Tax increased 19.2% YoY to ₹233.8 million.
  • Added 27 new stores, expanding retail footprint to 165 stores.
  • Gross profit margin improved to 57.1%.