Awfis Zooms 19% After Q4 Profit More Than Doubles
India, May 26 -- Shares of Awfis Space Solutions surged 19.05% on the BSE today to hit an intraday high of Rs.428.35 after the coworking space provider's Q4 FY26 show lifted investor sentiment.
The stock later trimmed some of the gains and was trading 4.80% higher at Rs.376.80 at 12:00 IST, taking the company's market capitalisation to about Rs.2,695.6 Cr ($282.6 Mn).
Yesterday, Awfis reported a 107% jump in net profit to Rs.23.2 Cr in Q4 FY26 from Rs.11.2 Cr in the same quarter last year. Sequentially, profit rose 7% from Rs.21.6 Cr.
Operating revenue grew 21% YoY and 7% QoQ to Rs.410.1 Cr during the quarter under review. A major chunk of this came from coworking office spaces and allied services segment, whose revenue climbed 35% YoY...
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