Wakefit, the omni-channel home and sleep solutions brand, began FY27 with higher revenue and improved profitability, supported by strong growth in its own sales channels, rapid retail expansion and better gross margins, even as volatile raw material costs remained a challenge.
Revenue from operations for the June quarter rose 16.6% year-on-year to Rs 404.9 crore.
Profit after tax increased 19.2% to Rs 23.4 crore, although reported earnings were reduced by a Rs 7.3 crore deferred tax charge linked to the partial unwinding of deferred tax assets recognised in the previous quarter.
Reported EBITDA, a measure of operating profitability before interest, tax, depreciation and amortisation, rose 25.2% to Rs 56.4 crore, with the margin improving to 13.9% from 13%.
Operating EBITDA, which excludes lease accounting adjustments, ESOP costs and one-off or non-operating items, grew 49.7% to Rs 36.8 crore.
