Awfis Q4 Profit Doubles to Rs 23.24 Crore
Rising demand for managed coworking with higher utilisation across its national network pushed revenue and margins higher.
Overview
- Regulatory filings show consolidated Q4 net profit rose to Rs 23.24 crore from Rs 11.23 crore a year earlier, while quarterly total income grew to Rs 429.16 crore.
- For the full 2025-26 fiscal year Awfis reported net profit of Rs 70.85 crore and total income of Rs 1,586.12 crore, reflecting year‑on‑year revenue expansion.
- The company operates in 18 cities with more than 250 coworking centres, a scale the filing cites as central to capturing stronger demand from larger tenants.
- Independent reporting noted enterprise clients and global capability centres have been a key demand source, and that occupancy at mature centres rose while the signed network expanded.
- Awfis said its growing premium portfolio and committed pipeline could boost utilisation and revenue visibility, which would matter for future margin gains and cash flow.