{"id":179115,"date":"2026-02-02T12:15:59","date_gmt":"2026-02-02T17:15:59","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179115"},"modified":"2026-02-02T12:15:59","modified_gmt":"2026-02-02T17:15:59","slug":"awfis-q3-profit-surges-on-co-working-strength","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/awfis-q3-profit-surges-on-co-working-strength\/","title":{"rendered":"Awfis Q3 Profit Surges on Co-working Strength"},"content":{"rendered":"\n<p>Awfis Space Solutions Limited (NSE: AWFIS) reported a strong financial performance for the third quarter ended December 31, 2025, driven by robust growth in its core co-working business and operating leverage benefits.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quarterly Performance<\/strong><\/h2>\n\n\n\n<p>For Q3 FY26, consolidated revenue from operations rose 20% year-on-year to \u20b9382 crore, compared with \u20b9318 crore in the same period last year. Net profit increased 43% YoY to \u20b922 crore, up from \u20b915 crore, reflecting scale efficiencies and margin expansion.<\/p>\n\n\n\n<p>Operating EBITDA for the quarter stood at \u20b9139 crore, marking a 30% YoY increase, while EBITDA margin expanded to 36.5% from 33.8%, supported by a higher share of mature centres and improved operating leverage.<\/p>\n\n\n\n<p><strong>Segment Performance<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Co-working and Allied Services revenue grew 32% YoY to \u20b9322 crore, driven by healthy demand from enterprise and Global Capability Centre (GCC) clients.<\/li>\n\n\n\n<li>Construction and Fit-out Projects (Awfis Transform) revenue declined 18% YoY to \u20b960 crore, reflecting lower execution during the quarter.<\/li>\n<\/ul>\n\n\n\n<p><strong>Nine-Month Performance<\/strong><\/p>\n\n\n\n<p>For the nine months ended December 31, 2025, revenue from operations increased 25% YoY to \u20b91,083 crore, while profit after tax (excluding exceptional items) rose 50% YoY to \u20b948 crore, underscoring sustained momentum and improved profitability.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"518\" height=\"354\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-23.png\" alt=\"\" class=\"wp-image-179117\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-23.png 518w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-23-300x205.png 300w\" sizes=\"auto, (max-width: 518px) 100vw, 518px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Operational Highlights<\/strong><\/h2>\n\n\n\n<p>During the quarter, Awfis added 10 new centres, taking its total footprint to 257 centres with approximately 177,000 seats across 18 cities. Total operational capacity stood at 152,000 seats, representing a 25% YoY increase.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Strategic Update<\/strong><\/h2>\n\n\n\n<p>The Board approved the slump sale of the Design and Build business to its wholly owned subsidiary, Awfis Transform Private Limited, for an initial consideration of approximately \u20b926.6 crore, aimed at sharpening strategic focus and operational efficiency.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Outlook<\/strong><\/h2>\n\n\n\n<p>With flexible workspaces accounting for a growing share of office leasing, Awfis remains well positioned to benefit from industry tailwinds. The company\u2019s strong managed aggregation pipeline, expanding GCC portfolio, and disciplined capital allocation provide visibility for sustained, profitable growth.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Awfis Space Solutions Limited (NSE: AWFIS) reported a strong financial performance for the third quarter ended December 31, 2025, driven by robust growth in its core co-working business and operating leverage benefits. Quarterly Performance For Q3 FY26, consolidated revenue from operations rose 20% year-on-year to \u20b9382 crore, compared with \u20b9318 crore in the same period [&hellip;]<\/p>\n","protected":false},"author":2401,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,1941,12],"tags":[15531,15530,14492,15533],"class_list":["post-179115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-stock-analysis","category-other-industries","tag-awfis","tag-awfis-space-solutions","tag-financial-results","tag-workspace-solutions"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":170713,"url":"https:\/\/alphastreet.com\/india\/awfis-space-sol-q1-fy26-earnings-results\/","url_meta":{"origin":179115,"position":0},"title":"AWFIS Space Sol Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 28, 2025","format":false,"excerpt":"AWFIS Space Solutions Ltd, incorporated in 2014, is a leading provider of flexible workspaces in India, catering to individual professionals, startups, SMEs, corporates, and MNCs with customized office solutions. Presenting below its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results Revenue: \u20b9334.70 crore, up 29.86% year-on-year (YoY) from \u20b9257.74 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"AWFIS Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWFI.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWFI.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWFI.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWFI.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWFI.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWFI.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":174720,"url":"https:\/\/alphastreet.com\/india\/awfis-space-solutions-ltd-awfis-q2-2025-earnings-call-transcript\/","url_meta":{"origin":179115,"position":1},"title":"Awfis Space Solutions Ltd (AWFIS) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Awfis Space Solutions Ltd (NSE: AWFIS) Q2 2025 Earnings Call dated Nov. 12, 2024 Corporate Participants: Amit Ramani \u2014 Chairman and Managing Director Sumit Lakhani \u2014 Deputy Chief Executive Officer Ravi Dugar \u2014 Chief Financial Officer Analysts: Rishith Shah \u2014 Analyst Mohit Agriwal \u2014 Analyst Ashish Shah \u2014 Analyst Adhidev\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":180021,"url":"https:\/\/alphastreet.com\/india\/euro-pratik-sales-q3-fy26-revenue-rises-7-yoy-ebitda-margin-expands-to-43-1\/","url_meta":{"origin":179115,"position":2},"title":"Euro Pratik Sales Q3 FY26: Revenue Rises 7% YoY, EBITDA Margin Expands to 43.1%","author":"Staff Correspondent","date":"February 9, 2026","format":false,"excerpt":"Executive Summary Euro Pratik Sales Ltd reported steady operating performance in the December 2025 quarter, with revenue growth supported by operating leverage and margin expansion. Revenue from operations rose 7% year-on-year to \u20b980.4 crore, while EBITDA increased 26.1% to \u20b934.6 crore, lifting the EBITDA margin to 43.1%. Profit after tax\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":174717,"url":"https:\/\/alphastreet.com\/india\/awfis-space-solutions-ltd-awfis-q1-2026-earnings-call-transcript\/","url_meta":{"origin":179115,"position":3},"title":"Awfis Space Solutions Ltd (AWFIS) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Awfis Space Solutions Ltd (NSE: AWFIS) Q1 2026 Earnings Call dated Aug. 11, 2025 Corporate Participants: Unidentified Speaker Amit Ramani \u2014 Chairman and Managing Director Sumit Lakhani \u2014 Chief Executive Officer Ravi Dugar \u2014 Chief Financial Officer Analysts: Unidentified Participant Adhidev \u2014 Analyst Girish Choudhary \u2014 Analyst Chintan Sheth \u2014\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178578,"url":"https:\/\/alphastreet.com\/india\/sis-ltd-reported-q3-fy26-revenue-of-%e2%82%b94185-crore-and-operating-ebitda-of-%e2%82%b9196-crore\/","url_meta":{"origin":179115,"position":4},"title":"SIS Ltd. Reported Q3 FY26 Revenue of \u20b94,185 Crore and Operating EBITDA of \u20b9196 Crore.","author":"Staff Correspondent","date":"January 30, 2026","format":false,"excerpt":"About SIS Ltd. SIS Ltd. (NSE: SIS, BSE: 540673) (originally Security and Intelligence Services (India) Limited) is a major Indian multinational company specializing in security and related services. It was founded in 1985 in Patna, India, by Ravindra Kishore Sinha and is now led by his son Rituraj Kishore Sinha\u2026","rel":"","context":"In &quot;Technology&quot;","block_context":{"text":"Technology","link":"https:\/\/alphastreet.com\/india\/category\/technology-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":177671,"url":"https:\/\/alphastreet.com\/india\/vakrangee-q3-fy26-earnings-results\/","url_meta":{"origin":179115,"position":5},"title":"Vakrangee Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 26, 2026","format":false,"excerpt":"Incorporated in 1990, Vakrangee Ltd provides diverse solutions, and activities in the e-commerce sector, including bullion and jewellery, through its Vakrangee Kendra (on B2B and B2C basis), and handles multi-state data digitization, software, and licence. Q3 FY26 Earnings Results Revenue from Operations: \u20b960.10 crore, down 11.46% YoY from \u20b967.88 crore.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Vakrangee Q3 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-61.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-61.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-61.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-61.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-61.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-61.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2401"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179115"}],"version-history":[{"count":2,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179115\/revisions"}],"predecessor-version":[{"id":179120,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179115\/revisions\/179120"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}