Smartworks Swings To ₹26 Cr Profit In Q2, Revenue Rises 39% YoY
Managed workspace provider Smartworks reported a consolidated net profit of ₹25.6 Cr in the September quarter of FY27 as against…
Smartworks, a managed workspace provider, reported a significant turnaround in the September quarter of FY27, posting a consolidated net profit of ₹25.6 Cr, up from a loss of ₹3.1 Cr a year earlier. Sequentially, profit surged 95% from ₹13.1 Cr. Operating revenue grew by 39.2% to ₹591.4 Cr in Q2 FY27, compared to ₹424.8 Cr in the previous year.
This increase was more than double the rise in expenses, resulting in a pre-tax profit of ₹34.9 Cr, compared to a pre-tax loss of ₹4.4 Cr a year ago. Other income fell 14.4% to ₹13.9 Cr, but overall income rose to ₹605.3 Cr from ₹441.1 Cr in Q2 FY26. Total expenses, however, climbed 28.1% to ₹570.4 Cr from ₹445.5 Cr in the same period.
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Also reported by 1 other outlet
- Smartworks Q2 results: Net profit at ₹26 cr, revenue rises 37% to ₹605 cr business-standard.com
