India, Feb. 11 -- Margins Cushion Wakefit's Profitability
Fresh from its IPO, Wakefit reported a profitable Q3 FY26. Despite seasonal discounts and a CFO transition, the D2C furniture and mattress brand clocked record quarterly revenues, alongside a sharp improvement in its margins.
Here is a snapshot of Wakefit's Q3 numbers:
Profits stood at Rs.31.9 Cr compared to a loss of Rs.2.4 Cr in Q3 FY25
Revenue from operations rose 9.4% YoY to Rs.421.3 Cr
EBITDA improved 158% YoY to Rs.70.3 Cr, while margins expanded to 53.8%
Total expenses rose a marginal 0.4% YoY to Rs.396.7 Cr
The Margin Play: The D2C brand flipped to profitability in Q3 on the back of gross margin expansion that offset modest top-line growth and a one-off labour code e...
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