India, May 26 -- Coworking space provider Awfis' consolidated net profit surged 8X to INR 11.2 Cr in Q4 FY25 from INR 1.4 Cr in the year-ago period. However, the bottom line shrank 26% quarter-on-quarter (QoQ) from INR 15.2 Cr.
Operating revenue grew 46% to INR 339.7 Cr from INR 232.3 Cr in the year-ago quarter. Sequentially, it rose 7% from INR 317.7 Cr.
Including other income of INR 19.8 Cr, Awfis' total income for the quarter grew 49% YoY to INR 359.5 Cr. Meanwhile, its expenses grew 45% YoY and 10% QoQ to INR 347.5 Cr during the quarter under review.
For the full fiscal year FY25, Awfis's operating revenue grew 42.2% to INR 1,207.5 Cr from INR 848.8 Cr in the previous year. The company also turned profitable, posting a profit of IN...
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