Wakefit Innovations Limited announced its financial results for the quarter ended September 30, 2026. The company achieved its highest-ever quarterly revenue from operations at INR 4,519.9 million, marking a 19.9% year-on-year growth. This performance contributed to a strong H1 FY27 revenue of INR 8,569.0 million, up 18.4% YoY. Reported EBITDA also saw a significant increase of 21.5% YoY to INR 501.5 million, with an EBITDA margin of 11.1%. Profit Before Tax grew by 66.3% YoY to INR 265.4 million, and Profit After Tax, excluding deferred tax, rose by 39.9% YoY to INR 223.2 million.
Record Quarterly Revenue Achieved
Wakefit Innovations Limited has announced record-breaking financial results for the second quarter of Fiscal Year 2027 (Q2 FY27), ending September 30, 2026. The company reported its highest-ever quarterly revenue from operations, reaching INR 4,519.9 million. This represents a substantial 19.9% increase compared to the same period last year.
Strong Half-Year Performance
The robust quarterly performance has contributed to a strong first half of FY27 (H1 FY27), with total revenue from operations standing at a record INR 8,569.0 million, an 18.4% year-on-year growth. This sustained growth momentum highlights the company’s expanding market presence and product acceptance.
Profitability Surges
Wakefit’s profitability has also seen significant improvement. Reported EBITDA (excluding other income) for Q2 FY27 increased by 21.5% year-on-year to INR 501.5 million, maintaining a healthy EBITDA margin of 11.1%. Profit Before Tax saw a remarkable surge of 66.3% year-on-year, reaching INR 265.4 million. Furthermore, Profit After Tax, excluding the impact of deferred tax, stood at INR 223.2 million, demonstrating a strong 39.9% year-on-year growth.
Category Growth and Customer Trust
The company’s growth spans across key categories, with mattresses recording a 21.4% YoY growth in Q2 FY27 and furniture revenue increasing by 24.9% YoY. Repeat customers played a vital role, contributing 32.4% of the revenue during the quarter, underscoring the trust and loyalty Wakefit has cultivated with its customer base.
Strategic Positioning
Wakefit’s vertically integrated, omnichannel model is strategically positioned to capitalize on the accelerating shift from unorganized to organized players in the home category. The company’s focus on product innovation and customer experience continues to drive its expansion and market leadership.
Management Commentary
Ankit Garg, Chairperson, CEO & Executive Director, expressed pleasure in reporting the record quarterly revenue and highlighted the company’s resilience despite the festive season shift impacting YoY comparisons. He emphasized the strength of the H1 performance when viewed with Q3, providing a better reflection of business momentum. Chaitanya Ramalingegowda, Executive Director, noted the challenging operating environment but highlighted the accelerated retail expansion and the milestone of 10 million lifetime orders, reflecting strong customer trust.
Source: BSE
