Margins Cushion Wakefit’s ProfitabilityFresh from its IPO, Wakefit reported a profitable Q3 FY26. Despite seasonal discounts and a CFO transition, the D2C furniture and mattress brand clocked record quarterly revenues, alongside a sharp improvement in its margins. Here is a snapshot of Wakefit’s Q3 numbers:Profits stood at ₹31.9 Cr compared to a loss of ₹2.4 Cr in Q3 FY25Revenue from operations rose 9.4% YoY to ₹421.3 Cr EBITDA improved 158% YoY to ₹70.3 Cr, while margins expanded to 53.8% Total expenses ro ...

Macro News - In the first 11 months, online sales of smart robots increased by nearly 20% year-on-year, with the overall online retail sales in the country growing by 9.1% [1] - The digital products monitored by the Ministry of Commerce saw an 8.2% growth, with smart wearables and smart robots growing by 22.1% and 19.4% respectively [1] Cultural and Tourism Development - Hunan Province is supporting eligible cultural and tourism projects to apply for local government special bonds and green bonds for tourism enterprises [1] - The province aims to increase the number of duty-free shops at domestic ports and promote a "buy and refund" service for overseas travelers, optimizing the international tourism shopping environment [1] Regional Development - The National Development and Reform Commission emphasized the continuous promotion of coordinated regional development [1]