India, Nov. 7 -- Shares of coworking space provider Smartworks slumped as much as 9.6% to INR 541.35 today, despite the company posting a strong top line growth and a sharp reduction in loss in Q2 FY26.

The coworking space provider reported a net loss of INR 3.1 Cr in the September quarter of 2025, down 80% from INR 15.8 Cr in Q2 FY25. Sequentially, loss declined 26% from INR 4.2 Cr. Improvement in margins and revenue growth led to the decline in loss.

Operating revenue surged 21% YoY and 12% QoQ to INR 424.8 Cr, led by robust enterprise demand, continued portfolio expansion and disciplined execution.

However, market sentiment remained cautious for the stock today. The company operates in the increasingly competitive coworking sector, ...