Wakefit

Wakefit is an Indian direct-to-consumer (D2C) e-commerce company specializing in home and office furniture. It operates by selling its products online and has recently achieved profitability.

Why it’s in the news: It is in the news due to its significant stock market surge and the announcement of profitable quarterly results, marking a positive start to the fiscal year.

Latest on Wakefit

• Wakefit Surges 17% To Lead New-Age Tech Stocks This Week; Lenskart, Turtlemint Hit New Highs
• Wakefit starts FY27 with profitability despite cost pressures
• Wakefit reports Rs 23 crore net profit in Q1, revenue up 17%
• Wakefit Q1 Profit Increases 19% YoY To ₹23.4 Cr, Revenue Crosses ₹400 Cr
• A majority of India's new-age tech stocks ended the week in the green, with Wakefit emerging as the biggest gainer

Connections

4 entities linked to Wakefit across the news graph.