India, May 19 -- Coworking space provider DevX (Dev Accelerator)'s net profit for the quarter ended March 2025 (Q4 FY26) stood at Rs.8 Cr, nearly 4X of Rs.2.11 Cr PAT registered in the year-ago period. The company managed to get back into the black after incurring a loss of Rs.1 Cr in Q3.

However, its operating revenue fell by about 10% to Rs.59.2 Cr from Rs.65.4 Cr in the year ago quarter. The company's top line remained largely flat on a sequential basis.

DevX's other income grew by 39% YoY to Rs.4 Cr, bringing its total income to Rs.63.3 Cr for the quarter.

The company managed to cut its expenses for the quarter under review by 21% YoY to Rs.51.7 Cr. The largest expense, cost of goods and services, amounted to Rs.17.5 Cr, down by a ...