India, May 30 -- Since becoming the first new-age coworking space provider to list in India, Awfis has steadily grown its top line while improving profitability. In Q4 FY26, the company more than doubled its profit YoY to Rs.23.2 Cr, while operating revenue rose 20% to Rs.410.1 Cr.

The company has managed to sustain growth by continuously experimenting with its business model and reshaping its positioning within the flexible workspace market.

Awfis' strategy so far has been centred around its managed aggregation (MA) model, where it leases properties directly from owners and operates them as managed workspaces while sharing revenue and costs with landlords.

The MA model offers higher capital efficiency, but also limits the revenue Awfi...