Smartworks Coworking reports 13 crore profit and 44 percent revenue growth

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Smartworks Coworking Spaces reported a consolidated net profit of ₹13.14 crore for the quarter ended June 2026, a turnaround from a ₹4.19 crore loss a year earlier.
Its total income rose 44% to ₹559.66 crore, driven by higher revenue.
The company, which listed a year ago, runs 16.9 million square feet of managed workspace across 70 centres in 15 cities in India and Singapore.
The results signal growing demand from large enterprises for flexible office spaces over traditional offices.

Whether Smartworks sustains profitability in coming quarters after last year's loss and first year post-listing
Growth of its portfolio across India and Singapore from the current 70 centres
Continued shift of large enterprises toward managed workspaces, as cited by management

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Named India · Singapore · Neetish Sarda · Smartworks Coworking Spaces Ltd

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