{"id":5034,"date":"2025-08-13T19:46:51","date_gmt":"2025-08-13T19:46:51","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/13\/smartworks-coworking-spaces-q1-results-loss-narrows-to-rs-4-19-crore-vs-rs-23-crore-yoy-revenue-up-business-news\/"},"modified":"2025-08-13T19:46:51","modified_gmt":"2025-08-13T19:46:51","slug":"smartworks-coworking-spaces-q1-results-loss-narrows-to-rs-4-19-crore-vs-rs-23-crore-yoy-revenue-up-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/13\/smartworks-coworking-spaces-q1-results-loss-narrows-to-rs-4-19-crore-vs-rs-23-crore-yoy-revenue-up-business-news\/","title":{"rendered":"Smartworks Coworking Spaces Q1 Results: Loss Narrows To Rs 4.19 Crore Vs Rs 23 Crore YoY, Revenue Up | Business News"},"content":{"rendered":"


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Smartworks Coworking Spaces’ total income rises to Rs 387.98 crore during the April-June period of 2025-26 against Rs 323.15 crore a year ago, according to a regulatory filing.<\/h2>\n
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Smartworks Coworking Spaces Q1 Results.<\/p>\n<\/figure>\n

Smartworks Coworking Spaces Ltd on Tuesday reported a narrowing in its consolidated net loss to Rs 4.19 crore for the first quarter of FY26. Its net loss had stood at Rs 23 crore in the year-ago period.<\/p>\n

The company\u2019s total income, however, rose to Rs 387.98 crore during the April-June period of 2025-26 against Rs 323.15 crore a year ago, according to a regulatory filing.<\/p>\n

During the 2024-25 fiscal, Smartworks Coworking Spaces had posted a net loss of Rs 63.17 crore on a total income of Rs 1,409.66 crore.<\/p>\n

Smartworks Coworking Spaces, which got listed recently on stock exchanges, is one of the leading co-working centre operators in the country.<\/p>\n

\u201cThe majority of expansion in the portfolio is expected to mature in H226, further driving revenue growth and margin expansion,” Smartworks said in a statement.<\/p>\n

Its Ebitda stood at Rs 241 crore, up 25.5% year-on-year, delivering a margin of 63.6%. On a normalised basis adjusting for accounting provision, EBITDA rose to Rs 607 million, a 109% YoY increase, with a margin of nearly 16%, driven by disciplined cost management and operating leverage.<\/p>\n

\u201cThe company\u2019s portfolio reached 10.08 million sqft. of leased space as of June 30, 2025, with 0.70 million sq. ft. under fit-out and 1.07 million sq. ft. scheduled for handover in Q2 and Q3. Including signed LOIs, the company\u2019s total SBA stands at ~12 million sq. ft. Since FY19, Smartworks has added 8.6 million sq. ft. across major cities including Pune, Bengaluru, Hyderabad, and Mumbai,” it said.<\/p>\n

Neetish Sarda, managing director of Smartworks, said, \u201cWe are pleased to report a strong quarterly performance, driven by continued momentum across revenue, EBITDA, and operating efficiency. Our revenue growth this quarter reflects a combination of robust, sustained demand from enterprise clients and the deliberate capacity expansion we executed over the past year. By adding over 1 million sqft of new supply, we not only strengthened our footprint in key markets but also positioned ourselves to capture incremental demand quickly.”<\/p>\n

Normalised EBITDA doubled to Rs 60.7 crore in Q1FY26 from Rs 29 crore in Q1FY25. During the quarter, normalised EBITDA margins have improved to 16% as compared to 9.3% in Q1 FY25, reflecting the strength of our asset-light, enterprise-focused model and the inherent scalability of our managed campus platform, Sarda added.<\/p>\n

Shares of Smartworks Coworking Spaces on Wednesday fell by 1.78% to close at Rs 457.55 apiece on the NSE.<\/p>\n

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Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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Last Updated:August 13, 2025, 17:36 IST Smartworks Coworking Spaces’ total income rises to Rs 387.98 crore during the April-June period of 2025-26 against Rs 323.15 crore a year ago, according to a regulatory filing. Smartworks Coworking Spaces Q1 Results. Smartworks Coworking Spaces Ltd on Tuesday reported a narrowing in its consolidated net loss to Rs…<\/p>\n","protected":false},"author":1,"featured_media":5035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-5034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/5034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=5034"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/5034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/5035"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=5034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=5034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=5034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}