Former Myntra Executive Joins to Support Governance and Profitability Focus
Home and sleep solutions company Wakefit Innovations Limited has appointed Parul Gupta as its Chief Financial Officer (CFO), according to a regulatory filing with the National Stock Exchange. The appointment comes as Wakefit strengthens its leadership structure following its recent public market debut and prepares for long-term operational expansion.
Experienced Finance Leadership to Drive Strategic Expansion
Parul Gupta brings nearly two decades of experience across strategic finance, compliance, and business partnering. She has previously held senior roles at Syngene, Myntra, Jabong, Aircel, and Airtel. Wakefit expects her cross-sector experience to support capital planning, cost optimisation, and business scaling as the company expands its omnichannel retail presence and product portfolio.
The appointment reflects Wakefit’s focus on building stronger financial governance and execution discipline as competition intensifies in India’s home and lifestyle category.
Financial Performance and Market Positioning
Wakefit reported revenue from operations of ₹421 crore in Q3 FY26, compared with ₹385 crore in the same quarter last year. The company also showed improving profitability, with net profit doubling to ₹32 crore in Q3 FY26 from ₹16 crore in the previous quarter.
Wakefit made a muted stock market debut, listing close to its IPO issue price of ₹195. On the Bombay Stock Exchange, the stock opened at ₹194.10, slightly below the issue price. The company continues to focus on profitability and supply chain efficiency to strengthen investor confidence and support sustainable growth.
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