Wakefit flags margin pressure from input inflation, shares fall 7%

Wakefit warned that a sharp rise in crude oil-linked input costs could weigh on margins and near-term profitability despite the recent price hikes—showing how elevated oil prices due to the Iran war-led disruptions are starting to squeeze consumer businesses beyond fuel-intensive sectors. 

Vimal Sharma

Vimal Sharma

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Vimal Sharma

Vimal Sharma

A dedicated blog writer with a passion for capturing the pulse of viral news, Vimal covers a diverse range of topics, including international and national affairs, business trends, cryptocurrency, and technological advancements. Known for delivering timely and compelling content, this writer brings a sharp perspective and a commitment to keeping readers informed and engaged.

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