India, Jan. 31 -- Coworking space provider DevX slipped into the red in the third quarter of the ongoing fiscal year (Q3 FY26), posting a consolidated net loss of INR 1 Cr as against a profit of INR 69.5 Lakh in the same quarter last year.

The company had posted a profit of INR 1.8 Cr in the preceding September quarter of 2025.

DevX's revenue from operations increased 19% to INR 59.2 Cr in Q3 FY26 from INR 49.7 Cr in the corresponding quarter of the previous year. Sequentially, it rose 14.3% from INR 51.8 Cr in Q2 FY26

Including other income of INR 1.5 Cr, total revenue for the quarter stood at INR 60.7 Cr.

Meanwhile, total expenses rose 16.2% to INR 59.4 Cr from INR 51.1 Cr in the year-ago quarter.

(The story will be updated soon) ...