Wakefit Innovations Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
WAKEFIT · price
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Wakefit Innovations Limited reported strong FY26 results with revenue from operations growing 16.9% to Rs 14,889.43 million from Rs 12,736.91 million in FY25. The company swung from a loss of Rs 347.95 million in FY25 to a profit of Rs 1,891.75 million in FY26, driven by operational improvements and recognition of a deferred tax asset (DTA) of Rs 1,034.40 million. EBITDA for FY26 stood at Rs 2,273.87 million with margin expansion from ~7.1% to ~15.3%. The company completed its IPO in December 2025, raising Rs 3,491.96 million net proceeds. Statutory auditors B S R & Co. LLP issued an unmodified opinion. Exceptional items of Rs 37.59 million relate to one-time labour code compliance costs.
The company turned profitable after being loss-making, with EBITDA margins doubling year-over-year, indicating strong operational leverage. Clean audit with no going concern issues is positive for investor confidence.