Mumbai, Nov. 4 -- The company reported a 20% year-on-year increase in consolidated revenue from operations to Rs 439 crore from Rs 367 crore. Normalised revenue, including the adjustment for actual rent received on finance lease arrangements, increased 26% to Rs 451 crore from Rs 357 crore.

Reported EBITDA increased 31% year on year to Rs 174 crore in Q2 FY27. Cash EBITDA rose 45% to Rs 49 crore from Rs 34 crore, while cash EBITDA margin improved to 10.8% from 9.4% in Q2 FY26.

Operating profit before tax increased 56% year on year to Rs 13 crore from Rs 9 crore. Operating PBT margin improved to 3% from 2.4%.

The co-working and allied services business reported revenue of Rs 376 crore, up 31% year on year from Rs 288 crore. Revenue from...