Awfis Profit Soars 43% Amidst Enterprise Boom

Awfis Space Solutions Limited announced a robust financial performance for the December quarter of FY26, with consolidated net profit jumping 43% year-on-year to ₹21.6 crore. Revenue from operations saw a 20% increase, reaching ₹381.7 crore compared to the same period last year.

EBITDA grew by 30% to ₹139 crore, and the EBITDA margin improved to 36%, driven by scale efficiencies and operating leverage. Chairman and Managing Director Amit Ramani attributed this success to sustained demand from enterprise and GCC clients, alongside disciplined execution.

During the quarter, Awfis added 10 new centres, bringing its total network to 257 centres with approximately 1.77 lakh seats across 18 cities. The company continues to leverage its Managed Aggregation model, which now represents 62% of its signed supply, facilitating rapid expansion.

GCCs were a significant growth driver, contributing about 21% of rental revenue from over 80 clients. Multi-centre clients formed 46% of the client base, indicating strong enterprise relationships. For the nine months ending December 31, 2025, operating revenue rose 25% to ₹1,083 crore, with PAT increasing 50% to ₹48 crore.