Awfis Q2 Profit Plunges 59% YoY to INR 16 Cr

Coworking space provider Awfis’ net profit for the second quarter (Q2) of FY26 plunged 59% to INR 16 Cr from INR 38.7 Cr in the year-ago quarter. On a sequential basis, the company’s bottom line zoomed 60% from INR 10 Cr in the previous quarter.

Operating revenue surged 25% YoY and 10% QoQ to INR 366.9 Cr. Including an other income of INR 26.1 Cr, the company’s total income for the period stood at INR 393 Cr.

Meanwhile, Awfis’ total spends for the quarter surged 31% YoY to INR 376.6 Cr. The company paid a current tax of INR 35.7 Lakh in the quarter under review as against nil in the year-ago quarter.

(The story will be updated shortly.)

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