India, April 4 -- It's been a year since a bumper listing opened up the growth path for Awfis, and now the company is looking to grab a big slice of the GCC boom currently swepping across the country..
Awfis saw its revenue surge 44% in the third quarter of fiscal 2024-25 to INR 318 Cr, while its EBITDA jumped 59% over the previous year to INR 107 Cr, driving a margin of 33.8%, wider by 320 basis points.
In the second quarter of FY25, the top line shot off 40% over the previous year to INR 292.38 Cr. The company not only stepped out of an INR 4.3 Cr loss it had incurred in Q1, it swung into an INR 38.67 Cr profit in the three months to September 2024.
All this happened in a year when the stock prices of most new-age companies either tu...
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