Tech
Wakefit posts Rs 971 Cr revenue in 9M FY25; auditor raises concern over past financials
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Wakefit, a brand specializing in home and sleep solutions, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO).
According to the balance, Wakefit reported a revenue of Rs 971 crore for the first nine-month period of FY25, concluding on December 31, 2024. Auditors, however, raised concerns regarding the financial statements.
Wakefit’s operating revenue stood at Rs 971 crore in the nine…
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