Today: Feb 11, 2025

Awfis Space Solutions posts Rs 151.79 million profit in Q3 FY25, ET RealEstate


NEW DELHI: Awfis Space Solutions has reported net consolidated profit after tax of Rs 151.79 million during the quarter ended December 31, 2024. It had registered Rs 62.89 million loss after tax in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated total income stood at Rs 3,314.66 million in Q3 FY25, a growth of 46.81 per cent from Rs 2,257.76 million it recorded in the similar quarter last year.

Amit Ramani, chairman and managing director of the company said, “Since March 2024, we added 27,000 seats and 33 centers to reach 120,000 seats and 193 operational centers. Including fit-outs and LOIs, we now have over 160,000 seats covering 8 million sq ft. We remain confident in reaching our target of 135,000 operational seats by March 2025. Our strategy continues to focus on asset-light growth with 73% of new seat additions signed under the Managed Office (MA) model.”

  • Published On Feb 11, 2025 at 08:15 PM IST

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