Awfis Space Q1FY26 Results: Revenue and EBITDA Saw Double Digit Growth

Co-working solutions provider Awfis has reported a strong financial performance for the first quarter of FY26, registering notable growth in both revenue and profitability. This resulted in a significant movement in Awfis share price, which rose over 7%, reaching a day high of ₹623.60 at 12:50 PM after opening at ₹585 on BSE.

Awfis Q1FY26 Earnings Highlights

As per its exchange filing, the company’s revenue from operations surged by 30% year-on-year, reaching ₹335 crore in Q1 FY26, up from ₹258 crore in the same quarter last year. Profit after tax (PAT) more than tripled to ₹10 crore, compared to ₹3 crore in Q1 FY25.

On a reported basis, Awfis achieved an impressive Operating EBITDA margin of 37.8%, reflecting a 710 basis point improvement year-on-year, supported by strong revenue growth, a growing enterprise client base, increased contribution from allied services, and enhanced operational efficiencies. Under the IGAAP equivalent basis, the Operating EBITDA margin improved to 14.5%, up from 11.5% in Q1 FY25, while Profit Before Tax (PBT) rose to ₹25 crore, compared to ₹15 crore in the same period last year.

Awfis Management Take on Q1FY26 Earnings

Commenting on the results, Mr. Amit Ramani, Chairman and Managing Director, Awfis Space Solutions Limited, said: “We are pleased to report a strong start to FY26, with revenue at ₹335 crore, reflecting a 30% year-on-year growth. Our Operating EBITDA margin expanded by 710 basis points to 37.8%, driven by robust revenue growth, deeper enterprise penetration, expanding allied services, and a continued focus on operating efficiencies.

Operationally, our momentum remains strong, with a 40% year-on-year growth in operational seat capacity, underscoring the strength and scalability of our expansion strategy. Our enterprise segment remains a key growth driver, with strong demand from first-time mid-sized GCC entrants and continued expansion by existing clients. As a result, our 100+ seat cohort now contributes 59% of our total portfolio, reinforcing the stickiness and scale of our enterprise relationships.

Also Read: Tilaknagar Industries Shares Soared ~5%: Revenue and PAT Saw Double-Digit Growth in Q1FY26

100% of the new Centres signed between June 2024 and June 2025 located in Grade A assets, clearly reflecting our intent to cater to a discerning clientele and build a future-ready, high-quality workspace portfolio. Our Tier 2 city presence has grown by ~25%, underlining our success in scaling beyond metro hubs and capturing value in emerging locations.

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