Financial Results for the Quarter and Financial year ended March 31, 2026

Wakefit Innovations Ltd reported strong financial results for FY2026 with revenue from operations growing 17% to Rs 14,889.43 million from Rs 12,736.91 million in FY2025. The company swung from a net loss of Rs 347.95 million in FY2025 to a net profit of Rs 1,891.75 million in FY2026. EBITDA more than doubled to Rs 2,273.87 million from Rs 908.30 million, indicating significant margin expansion. A major driver was the recognition of a deferred tax asset of Rs 1,034.40 million (with Rs 980.71 million credited to P&L) as the company now expects sufficient future taxable profits. An exceptional charge of Rs 37.59 million was booked for incremental employee benefit obligations due to new labour codes. The company completed its IPO in December 2025, raising Rs 3,491.96 million (net). Statutory auditors B S R & Co. LLP gave an unmodified (clean) opinion.