Results · Commerce & Consumer Brands

Wakefit doubles profit, names new CFO

By Startup Enthusiast · 10 February 2026

What they do

Wakefit sells home furniture and mattresses directly to consumers through its website

The company reported a doubling of profit in Q3 FY26 while appointing Parul Gupta as the new CFO

Revenue from operations rose to Rs 421 crore in Q3 FY26, up from Rs 385 crore a year earlier

Wakefit appointed Parul Gupta as its new Chief Financial Officer effective 10 Feb 2026.
The company reported strong financial results for the third quarter of fiscal year 2026.
Profit after tax doubled to Rs 32 crore compared to the previous quarter.
Revenue from operations increased to Rs 421 crore from Rs 385 crore in the prior year period.
Wakefit previously listed on the BSE in December 2025 with an upper price band of Rs 195 per share.
The stock opened at Rs 194.10, representing a small discount of approximately 0.5% to the IPO price.
This appointment marks a key leadership change shortly after the company went public.

The significant jump in quarterly profit signals improving operational efficiency or cost management.
Hiring an experienced CFO helps stabilize governance after the recent initial public offering.
Strong revenue growth demonstrates continued demand for its direct-to-consumer home furnishing products.

Wakefit designs and sells mattresses, beds, and other home furniture items.
It operates primarily as a direct-to-consumer brand selling through its online platform.
The company focuses on providing affordable and comfortable home solutions to Indian customers.
Its business model relies on digital sales channels rather than traditional retail stores.
Recent financial performance shows consistent top-line growth across reporting periods.