{
  "id": 228252,
  "title": "Wakefit Q1 Profit Increases 19% YoY To ₹23.4 Cr, Revenue Crosses ₹400 Cr",
  "url": "https://urgent.news/2026/08/06/wakefit-q1-profit-increases-19-yoy-to-23-4-cr-revenue-crosses-400-cr",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-06T14:37:31.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/wakefit-q1-profit-increases-19-yoy-to-%e2%82%b923-4-cr-revenue-crosses-%e2%82%b9400-cr/"
  },
  "original_language": "en",
  "account": "Wakefit, a mattress manufacturer, reported a 19% increase in net profit for Q1 FY27, reaching ₹23.4 Cr, up from ₹19.6 Cr in the previous year. Operating revenue grew by 17% year-over-year and 18% quarter-over-quarter, totaling ₹404.9 Cr. Mattresses contributed 66% to the revenue, while furniture and furnishings accounted for the remaining 34%. Total income included other income of ₹15.6 Cr, while expenses rose by 14% year-over-year to ₹384.2 Cr. Tax expenses were ₹12.9 Cr, down from a deferred tax credit of ₹98.1 Cr received in Q4 FY26. Operating EBITDA increased by 50% year-over-year to ₹36.8 Cr, with the margin improving to 9.1% from 7.1% in the same period last year. Wakefit's retail channel expanded by 21% YoY, adding 27 new stores, bringing the total to 165 stores. The company aims to add nearly 80 COCO stores during FY27, with 80% of its planned FY27 capex allocated towards retail expansion, primarily the jumbo store format.",
  "summary": "Mattress maker Wakefit saw its net profit for the June quarter (Q1 FY27) increase 19% to ₹23.4 Cr from ₹19.6…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}