Wakefit posts ₹121.8 cr Q4 profit helped by tax credit
Business
Wakefit, the home furniture brand you've probably seen online, just flipped its finances, posting a ₹121.8 crore profit for Q4 FY26 after losing money last year.
This big jump was partly due to a one-time deferred tax credit of ₹98.1 crore.
Wakefit FY26 net profit ₹189.2 cr
Revenue grew 15% year over year to ₹343.6 crore in Q4, mainly from strong mattress sales.
Still, Wakefit pointed out that people started cutting back on spending toward the end of the quarter due to economic pressures.
For all of FY26, they ended with a net profit of ₹189.2 crore (last year was a loss), and their lineup now stretches from mattresses and pillows to wardrobes and sofas.