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Wakefit clocks Rs 31.86 crore profit in Q3, revenue up 9.4% on-year - The Economic Times

Economic Times

Economic Times · 4h ago

Wakefit clocks Rs 31.86 crore profit in Q3, revenue up 9.4% on-year - The Economic Times

Wakefit, a mattress and furniture brand, reported a net profit of Rs 31.86 crore in Q3 FY26, overcoming a net loss of Rs 2.4 crore from the previous year. The revenue increased by 9.4% to Rs 421.3 crore, despite changes in festive sales and GST norms impacting purchasing patterns. Founded in 2016, Wakefit expanded from sleep-related products to a broader home portfolio. Mattresses made up 62.3% of Q3 sales, with 64.5% through its channels.

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Wakefit posts Rs 421 Cr revenue and Rs 32 Cr profit in Q3 FY26

Entrackr

Entrackr · 10h ago

Wakefit posts Rs 421 Cr revenue and Rs 32 Cr profit in Q3 FY26

Wakefit posts Rs 421 Cr revenue and Rs 32 Cr profit in Q3 FY26 Bengaluru-based home and sleep solutions company Wakefit has announced its financial results for Q3 FY26 after debuting on Indian stock exchanges last quarter. The firm’s revenue increased by 9% during the third quarter, while its profit stood at Rs 34 crore. The company’s revenue from operations increased to Rs 421 crore in Q3 FY26 from Rs 385 crore in the same quarter last year, according to its financial statement sourced from NSE. Founded in 2016, Wakefit operates as a direct-to-consumer (D2C) brand offering sleep and home solutions, including mattresses, pillows, furniture, and home improvement products. Other income contributed an additional Rs 11 crore, which drove its total income of Rs 432 crore for the quarter. For the nine-month period ending December 2025, the firm’s revenue increased 18% to Rs 1,145 crore from Rs 971 crore a year earlier. The company’s cost of material accounted for 49% of the total cost. This expense rose 4% to Rs 194.5 crore in Q3 FY26 from Rs 187 crore in Q3 FY25. Its employee benefit expense stood at Rs 43 crore for the quarter. Overall, the company’s total expense remained flat at Rs 397 crore in Q3 FY26 as compared to Rs 395 crore in Q3 FY25. Wakefit posted a profit of Rs 32 crore in Q3 FY26, as compared to a loss of Rs 2.4 crore in Q3 FY25. On a sequential basis, the company’s profit doubled from Rs 16 crore in Q2 FY26. Wakefit made a muted debut on the stock exchanges, with its shares listing flat to marginally below the IPO issue price at Rs 195 apiece, exactly at the upper end of the IPO price band. Meanwhile, on the Bombay Stock Exchange (BSE), the stock opened at Rs 194.10, a discount of around 0.5% to the issue price. Wakefit’s share price is currently trading at Rs 191, giving the firm a total market capitalization of Rs 6,249 crore ($689 million).

Delhivery Q3 results: Revenue rises 18%, profit jumps to Rs 39 crore - The Economic Times

Economic Times

Economic Times · 10d ago

Delhivery Q3 results: Revenue rises 18%, profit jumps to Rs 39 crore - The Economic Times

Delhivery's revenue rose by 18% to Rs 2,805 crore, with a net profit of Rs 39 crore in Q3, reversing a previous Rs 50 crore loss. The improved results reflect lower integration costs with Ecom Express and strong festive demand. Express parcel revenue grew 24% to Rs 1,839 crore, with shipment volumes up 43%. Delhivery launched new logistics services and sees potential growth in ecommerce volumes due to market share gains and improved service quality.

Wakefit appoints Parul Gupta as Chief Financial Officer

Entrackr

Entrackr · 6h ago

Wakefit appoints Parul Gupta as Chief Financial Officer

Wakefit appoints Parul Gupta as Chief Financial Officer Home and sleep solution firm Wakefit Innovations Limited has appointed Parul Gupta as its Chief Financial Officer (CFO), according to the filing sourced from the National Stock Exchange (NSE). Parul Gupta brings nearly two decades of experience across strategic finance, business partnering, and compliance. She has previously held senior leadership roles at Syngene, Myntra, Jabong, Aircel, and Airtel. Wakefit’s revenue from operations increased to Rs 421 crore in Q3 FY26 from Rs 385 crore in the same quarter last year. The company’s profit doubled to Rs 32 crore in Q3 FY26 from Rs 16 crore in Q2 FY26 on a quarter-on-quarter comparison.

Paytm Q3 Results: Profit skyrockets 971% QoQ to Rs 225 crore - The Economic Times

Economic Times

Economic Times · 12d ago

Paytm Q3 Results: Profit skyrockets 971% QoQ to Rs 225 crore - The Economic Times

Paytm reported a consolidated net profit of Rs 225 crore in Q3, a significant improvement from a loss of Rs 208 crore in the previous year. Revenue from operations grew 20% YoY to Rs 2,194 crore, driven by higher payment GMV, merchant subscriptions, and financial services. Contribution profit increased 30% YoY to Rs 1,249 crore, with a 57% contribution margin. Paytm's consumer UPI GMV rose 35%, and the company's financial services revenue grew 34% YoY.

Ixigo posts 31% rise in Q3 revenues, clocks profit of Rs 24 crore - The Economic Times

Economic Times

Economic Times · 19d ago

Ixigo posts 31% rise in Q3 revenues, clocks profit of Rs 24 crore - The Economic Times

Le Travenues Technology, the parent company of Ixigo, reported a 31% year-on-year increase in operating revenue to Rs 317 crore for the quarter ended December, driven by growth across all business segments. The net profit rose to Rs 24 crore from Rs 15 crore the previous year. Despite disruptions in Indigo operations, flight revenue surged 49% year-on-year. The company also reported an adjusted EBITDA of Rs 31 crore during the quarter.

Reliance posts record Rs 21,930 Cr profit as Jio, retail fuel growth

YourStory

YourStory · 1y ago

Reliance posts record Rs 21,930 Cr profit as Jio, retail fuel growth

Reliance Industries Ltd reported a record net profit of Rs 21,930 crore for Q3 of fiscal 2024-25, boosted by performances in retail and telecom. Consolidated revenue rose 7.7% to Rs 2,67,186 crore. Reliance Jio's profit increased by 25.9%, with revenue up by 19.2%. Reliance Retail's profit grew by 10.1%, with revenue up by 8.8%, driven by new stores and festive demand. The O2C segment's revenue modestly increased by 6% amid weaker refining margins.

Quess Corp Q3 Results: PAT rises 32% to Rs 55 crore - The Economic Times

Economic Times

Economic Times · 12d ago

Quess Corp Q3 Results: PAT rises 32% to Rs 55 crore - The Economic Times

Quess Corp reported a 32% year-on-year increase in consolidated net profit to Rs 55.09 crore for Q3 ending December 31, 2025, compared to Rs 41.72 crore the previous year. However, revenue from operations declined by 2.22% to Rs 3,929.70 crore. The company's improved profitability was attributed to its focus on high-margin businesses, particularly in Professional Staffing and Overseas segments. An interim dividend of Rs 5 per share was announced.

Blinkit turns Ebitda positive in Q3FY26 - The Economic Times

Economic Times

Economic Times · 20d ago

Blinkit turns Ebitda positive in Q3FY26 - The Economic Times

For the first time, Blinkit, a quick commerce platform, achieved adjusted EBITDA positivity in Q3 FY26, reporting a Rs 4 crore profit compared to a Rs 103 crore loss the previous year. This turnaround was attributed to efficient supply chains, favorable category shifts, and operational leverage. With revenue surging 776% and net order value growing by 121% year-on-year, Blinkit demonstrates the potential of maturing quick commerce businesses despite competitive pressures and leadership changes.

Home and sleep solutions firm Wakefit appoints Parul Gupta as CFO

IndianStartupNews

IndianStartupNews · 4h ago

Home and sleep solutions firm Wakefit appoints Parul Gupta as CFO

Wakefit Innovations Limited has appointed Parul Gupta as its Chief Financial Officer, effective February 10, 2026. Gupta, a member of the Institute of Chartered Accountants of India with nearly two decades of experience, has previously worked with Syngene, Myntra, Jabong, Aircel, and Airtel. Her leadership comes at a time when Wakefit reported a rise in revenue to Rs 421 crore in Q3 FY26, with profits doubling quarter-on-quarter. Wakefit had a subdued stock market debut in December.

CarTrade posts Rs 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25

Entrackr

Entrackr · 1y ago

CarTrade posts Rs 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25

CarTrade posts Rs 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25 CarTrade released its financial results for the third quarter of the ongoing fiscal year (Q3 FY25) on Wednesday. The company reported a 26% year-on-year revenue growth compared to Q3 FY24, with a major turnaround in its bottom line. CarTrade’s revenue from operations surged 26.6% to Rs 176 crore in Q3 FY25 in contrast to Rs 139 crore in Q3 FY24, as per the firm’s unaudited consolidated financial results sourced from the National Stock Exchange (NSE). The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 39% of the total operating revenue which increased to Rs 68 crore in Q3 FY25 from Rs 50 crore in Q3 FY25. Income from the remarketing and classified segment stood at Rs 58 crore and Rs 50 crore in the third quarter of the ongoing fiscal year. CarTrade also added Rs 17 crore from other non-operating businesses which tallied its overall revenue to Rs 193 crore in Q3 FY25, compared to Rs 152 crore in Q3 FY24. On the expense front, employee benefits expenses formed 53% of the overall spending which went up a modest 7.3% to Rs 73 crore during the period. This cost also includes share-based expenses of Rs 3.36 crore. CarTrade’s overall expenses increased 12% to Rs 140 crore in Q3 FY24 from Rs 125 crore during Q3 FY24. The strong growth and controlled spending enabled CarTrade to achieve a turnaround and post a net profit of Rs 45.5 crore in Q3 FY25, compared to a loss of Rs 23.5 crore in Q3 FY24. However, the company had already recorded a revenue of Rs 472 crore and a net profit of Rs 99 crore during the nine months of the ongoing fiscal year. CarTrade recorded a 4.78% hike in its share price today and is trading at Rs 1,433.3 (as of 12:47) with a total market capitalization of Rs 6,789 crore or $800 million.

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