Smartworks Swings To ₹26 Cr Profit In Q2, Revenue Rises 39% YoY

by · Inc42

SUMMARY

  • Smartworks posted a consolidated net profit of ₹25.6 Cr in Q2 FY27 against a ₹3.1 Cr loss a year earlier, while operating revenue rose 39.2% to ₹591.4 Cr.
  • Revenue growth outpaced the 28.1% increase in total expenses, helping the managed workspace provider swing to a pre-tax profit despite lower other income.
  • Sequentially, net profit jumped 95% from ₹13.1 Cr, while operating revenue increased 8.3% from ₹546.2 Cr in the June quarter.