Wakefit flags margin pressure from input inflation, shares fall 7%
New Delhi, May 22 -- Shares of home and sleep solutions company Wakefit Innovations Ltd fell as much as 7% on Friday after it warned that a sharp rise in crude oil-linked input costs could weigh on margins and near-term profitability despite the recent price hikes. This shows how elevated oil prices due to the US-Iran war-led disruptions are starting to squeeze consumer businesses beyond traditionally fuel-intensive sectors.
"The combined impact of higher input costs and price pass-through may constrain margin expansion in the near term," said Parul Gupta, chief financial officer, in an analyst call on Friday.
The company on Thursday reported a net profit of Rs.121.8 crore in the fourth quarter of FY26, as against a loss of Rs.26.2 cror...
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