Smartworks Posts ₹17 Cr Profit In Q4, Revenue Crosses ₹500 Cr Mark
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Coworking space provider Smartworks reported its second consecutive profitable quarter, posting a consolidated net profit of ₹16.6 Cr in Q4 FY26. The company had reported a loss of ₹8.3 Cr in the year-ago quarter. Sequentially, profit rose 13.8X from ₹1.2 Cr.
Operating revenue zoomed 45% to ₹519.7 Cr from ₹358.4 Cr in Q4 FY25. On a quarter-on-quarter basis, it rose 10.1% from ₹472.1 Cr. Including other income of ₹13 Cr, total income stood at ₹532.7 Cr during the quarter under review.
Meanwhile, total expenses grew 39.1% YoY to ₹510.5 Cr.
For the full financial year 2025-26 (FY26), the company posted a net profit of ₹10.5 Cr against a loss of ₹63.2 Cr in FY25. Revenue zoomed 30.7% YoY to ₹1,795.8 Cr in FY26.
Shares of the company were trading 1.7% higher at ₹447.70 on the BSE at 12:25 IST.
(The story will be updated soon)
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