India, Aug. 6 -- Mattress maker Wakefit saw its net profit for the June quarter (Q1 FY27) increase 19% to Rs.23.4 Cr from Rs.19.6 Cr in the year-ago quarter. Sequentially, the company's profit plunged 81% from Rs.121.7 Cr.

Operating revenue for the quarter increased 17% YoY and 18% QoQ to Rs.404.9 Cr. Including other income of Rs.15.6 Cr, total income stood at Rs.420.5 Cr.

Total expenses for the quarter increased 14% YoY to Rs.384.2 Cr. Meanwhile, tax expenses for the quarter stood at Rs.12.9 Cr as against a deferred tax credit of Rs.98.1 Cr the company received in the previous quarter.

(The story will be updated shortly)

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