Awfis Q2 Results: Profit down 59% on higher base effect to Rs. 16 crores

Realty firm Awfis Space Solutions Ltd on Tuesday reported a 59 per cent decline in its consolidated profit for the latest September quarter due to higher base effect.

Its net profit in the year-ago period was Rs. 38.67 crore, of which Rs. 24 crore was helped by an extraordinary gain.

However, in the July-September quarter of this financial year, the total revenue rose to Rs. 392.97 crores as compared to Rs. 301.95 crore, the regulatory filing said.

Awfis, which recently got listed on stock exchanges, provides flexible managed office space to corporates of all sizes. It takes office space from property owners to set up centers and then sub-leases the workspace to enterprises.

As of September 30, 2025, the company has a portfolio of 247 centers and 1,70,000 seats in an area of ​​8.4 million square feet (including spaces under fit-out and signed letters of intent).