Wakefit Innovations Q1 FY27 Revenue Rises 16.7% YoY

Revenue from operations: ₹4,049.11 million for Q1 FY27 (vs ₹3,471.23 million in Q1 FY26)
Other income: ₹156.20 million for Q1 FY27 (vs ₹84.72 million in Q1 FY26)
Total Income: ₹4,205.31 million for Q1 FY27 (vs ₹3,555.95 million in Q1 FY26)
Profit before tax: ₹363.05 million for Q1 FY27 (vs ₹196.16 million in Q1 FY26)
Tax expense: ₹129.23 million for Q1 FY27 (comprising current tax ₹56.21 million and deferred tax ₹73.02 million)
Profit for the period: ₹233.82 million for Q1 FY27 (vs ₹196.16 million in Q1 FY26)
Earnings per share (Basic): ₹0.71 for Q1 FY27 (not annualized)
Earnings per share (Diluted): ₹0.70 for Q1 FY27 (not annualized)

Q4 FY26 (March 31, 2026): Revenue ₹3,436.00 million, Profit ₹1,217.45 million
Full Year FY26 (March 31, 2026): Revenue ₹14,889.43 million, Profit ₹1,891.75 million

Completed Initial Public Offer of 66,096,866 equity shares of face value ₹1 each at issue price of ₹195 per share
Comprised offer for sale of 46,754,405 equity shares by selling shareholders and fresh issue of 19,342,461 equity shares
Total proceeds from fresh issue: ₹3,491.96 million (net of issue expenses of ₹279.82 million)
Equity shares listed on NSE and BSE on December 15, 2025
Paid-up equity share capital increased to ₹331.33 million as of June 30, 2026 (from ₹157.53 million as of June 30, 2025)

During FY26, company reassessed recoverability of carry forward losses and unabsorbed depreciation
Recognized deferred tax asset (net) of ₹1,034.40 million as at March 31, 2026
Corresponding deferred tax credit of ₹980.71 million recognized in Statement of Profit and Loss for FY26
₹57.44 million recognized in Other Equity and charge of ₹3.75 million recognized in Other Comprehensive Income

Recognized incremental impact of ₹37.59 million in FY26 due to implementation of new Labour Codes
Impact primarily from changes in definition of wages affecting employee benefit obligations (gratuity and compensated absences)
Presented as exceptional item due to regulatory-driven, non-recurring nature

Single reportable segment: 'Home Furnishing'
No subsidiaries, associates or joint ventures as of June 30, 2026
Chief Operating Decision Maker identified as Chairperson, CEO and Executive Director

Results available on NSE website (https://www.nseindia.com/corporates), BSE website (https://www.bseindia.com/corporates) and company website (https://www.wakefit.co/investor-relations)
Company continues to monitor updates on Central/State Rules and government clarifications on Labour Codes

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