Awfis Space Solutions reported robust 9MFY26 results, highlighted by a 39% year-over-year growth in operational EBITDA and a 54% increase in operational earnings. Revenue for Q3 FY26 grew 20% year-over-year to Rs. 382 crores, with operating EBITDA rising 30% to Rs. 139 crores. The company expanded its network to 257 centres with approximately 177K seats across 18 cities, serving around 3.4K customers.
Financial Performance Highlights
Awfis Space Solutions announced strong financial results for 9MFY26:
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Operating Revenue reached Rs. 1,083 Crs, a 25% year-over-year increase, driven by a robust 38% growth in Coworking and allied services.
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Operating EBITDA grew by 39% year-over-year to Rs. 398 crores, with operating EBITDA margins expanding to 36.7%.
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9MFY26 Profit After Tax (PAT), excluding exceptional items, stood at Rs. 48 crores, reflecting a growth of 50% year-over-year.
Q3 FY26 Performance
Key financial highlights for Q3 FY26:
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Operating Revenue was reported at Rs. 382 Crs, a 20% year-over-year increase, supported by 32% YoY growth in Coworking and allied services.
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Operating EBITDA grew by 30% year-over-year to Rs. 139 crores, with operating EBITDA margin expanding to 36.5%.
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Q3FY26 PAT (excluding exceptional items) reached Rs. 22 crores, a growth of 52% year-over-year.
Network Expansion and Operational Growth
As of December 31, 2025, Awfis’ operational highlights include:
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A portfolio of 257 centers with 1,77,000 seats across 8.6 million sq. ft.
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Addition of 8,000 seats in Q3 FY26 and 22,000 seats in 9M FY26, contributing to a year-over-year growth of 34,000 seats.
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New supply consisted of 100% Grade A/A- assets, with 7 new additions to the Gold/Elite portfolio.
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The company operates 32 premium workspace centers (25 Gold and 7 Elite).
Management Commentary
Mr. Amit Ramani, Chairman and Managing Director of Awfis Space Solutions Limited, stated: “We are pleased to report a strong operational and financial performance during Q3 FY26, driven by sustained demand across enterprise and GCC clients, disciplined execution, and the continued strength of our capital-efficient expansion strategy.”
Source: BSE
