Board Meeting Outcome for the Board Meeting held on May 21, 2026
WAKEFIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wakefit Innovations Ltd reported audited financial results for Q4 and FY ended March 31, 2026. Revenue from operations grew 16.9% to ₹14,889.43 million from ₹12,736.91 million in FY2025. The company turned profitable with PAT of ₹1,891.75 million compared to a loss of ₹350.04 million in the prior year. EBITDA improved significantly to ₹2,273.87 million from ₹908.30 million, with EBITDA margin expanding from 7.1% to 15.3%. The company recognized a deferred tax asset of ₹1,034.40 million related to carry-forward losses from previous years. Statutory auditors B S R & Co. LLP issued an unmodified opinion confirming clean financials. The company also appointed M/s BMP & Co. LLP as Secretarial Auditors for 5 years starting FY2026-27.
Strong operational improvement with EBITDA margin more than doubling. The clean audit opinion and IPO proceeds (₹3,492 million raised in December 2025) provide confidence, though investors should note the PAT was boosted by a one-time deferred tax credit of ₹980.71 million.