Wakefit Innovations, led by Ankit Garg (Chairman & CEO) and Chaitanya Ramalingegowda (Executive Director), reported a profit after tax of ₹31.86 crore in Q3 FY26, reversing a ₹2.41 crore loss from the previous year. Revenue grew 9.4% YoY to ₹421.34 crore, while operating EBITDA surged 422.7% YoY, driven by strong sales across mattresses, furniture, and home furnishings.Growth was powered by 137 company-owned COCO stores and direct-to-consumer channels, underscoring the brand’s omnichannel strategy. Post-IPO, cash reserves of ₹889.18 crore provide the company with the financial flexibility to accelerate retail expansion, enhance omnichannel capabilities, and penetrate India’s under-served home and furnishing market.
Strategically, Wakefit’s performance highlights the importance of integrating product diversification, D2C engagement, and retail presence to drive sustainable growth. The post-IPO momentum demonstrates how financial strength, operational efficiency, and channel expansion can work together to scale consumer brands effectively.
Overall, Wakefit’s results reinforce the rising significance of omnichannel strategies, experiential retail, and direct-to-consumer engagement as key drivers for D2C success in India’s growing home and furnishings sector.
 and Chaitanya Ramalingegowda (Executive Director)){kind=link}