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What is the story about?
Shares of Wakefit Innovations Limited surged as much as 9% after the company returned to profitability in the December quarter, reporting a sharp improvement in earnings and margin.
On Tuesday, February 10, the home furnishings and sleep solutions company reported a net profit of ₹31.8 crore for Q3FY26, compared with a net loss of ₹2.4 crore in the year-ago period. Revenue from operations rose 9.4% year-on-year to ₹421.3 crore from ₹385 crore.
Operating performance improved significantly, with EBITDA jumping nearly threefold to ₹59 crore from ₹19.8 crore in Q3FY25. As a result, EBITDA margin expanded sharply to 14% from 5% a year earlier, aided by operating leverage and tighter cost control.
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For the nine months ended December 31, 2025, Wakefit reported a profit of ₹67.4 crore, reversing a loss of ₹8.8 crore in the corresponding period last year. Revenue for the nine months increased to ₹1,145.3 crore from ₹971.1 crore a year ago.
The December quarter was significant as it marked the company’s first set of results following the listing of its equity shares on the stock exchanges in December 2025.
Separately, the board approved the appointment of Parul Gupta as Chief Financial Officer, effective February 10, 2026. According to Wakefit's filing with the exchanges, Gupta is a chartered accountant and an alumna of ISB Hyderabad, with nearly two decades of experience across strategic finance and leadership roles at companies such as Syngene, Myntra, Jabong, Aircel and Airtel.
Also read: Pfizer shares jump over 10% on strong Q3 profit and margin expansion
Shares of the company rose nearly 9% after the Q3 results announcement, hitting an intraday high of ₹204. The stock has since pared some gains and is currently trading 7.03% up at ₹198.79, marginally above its listing price of ₹195.
On Tuesday, February 10, the home furnishings and sleep solutions company reported a net profit of ₹31.8 crore for Q3FY26, compared with a net loss of ₹2.4 crore in the year-ago period. Revenue from operations rose 9.4% year-on-year to ₹421.3 crore from ₹385 crore.
Operating performance improved significantly, with EBITDA jumping nearly threefold to ₹59 crore from ₹19.8 crore in Q3FY25. As a result, EBITDA margin expanded sharply to 14% from 5% a year earlier, aided by operating leverage and tighter cost control.
Also read: Adani Enterprises receives information request from US regulator on alleged Iranian oil imports
For the nine months ended December 31, 2025, Wakefit reported a profit of ₹67.4 crore, reversing a loss of ₹8.8 crore in the corresponding period last year. Revenue for the nine months increased to ₹1,145.3 crore from ₹971.1 crore a year ago.
The December quarter was significant as it marked the company’s first set of results following the listing of its equity shares on the stock exchanges in December 2025.
Separately, the board approved the appointment of Parul Gupta as Chief Financial Officer, effective February 10, 2026. According to Wakefit's filing with the exchanges, Gupta is a chartered accountant and an alumna of ISB Hyderabad, with nearly two decades of experience across strategic finance and leadership roles at companies such as Syngene, Myntra, Jabong, Aircel and Airtel.
Also read: Pfizer shares jump over 10% on strong Q3 profit and margin expansion
Shares of the company rose nearly 9% after the Q3 results announcement, hitting an intraday high of ₹204. The stock has since pared some gains and is currently trading 7.03% up at ₹198.79, marginally above its listing price of ₹195.
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