Awfis Space Solutions Share News - Latest Updates, Live News & More

More news about Awfis Space Solutions

Awfis Space Solutions Expands Footprint in Mumbai with New Powai Center

Awfis Space Solutions has opened a new coworking center at Supreme Business Park in Hiranandani Gardens, Powai, Mumbai. This expansion strengthens Awfis's presence in Mumbai's competitive coworking market and caters to the growing demand for flexible workspace solutions in the city's emerging business hubs. The strategic location in Powai, known for its modern infrastructure and corporate offices, is expected to serve a diverse range of clients from startups to established corporations.

26Sept 25

Awfis Space Solutions Announces Leadership Changes and Expansion Plans

Awfis Space Solutions Limited has made significant changes in its leadership and corporate structure. Mr. Amit Kumar resigned as Company Secretary and Compliance Officer, with Ms. Shweta Gupta taking over the role. The company approved the incorporation of a new wholly owned subsidiary with an authorized share capital of up to INR 50.00 lakhs, focusing on various aspects of real estate and construction technology. The company's 11th Annual General Meeting passed resolutions including the adoption of financial statements, re-appointment of Mr. Rajesh Kharabanda as Non-Executive Director, and appointment of Mr. Rupinder Singh Bhatia as Secretarial Auditor.

16Sept 25

Awfis Space Solutions Delivers 67,000 Sq. Ft. Innovation Hub for eBay in Bengaluru

Awfis Space Solutions has completed a 67,000 square feet innovation hub for eBay in Embassy Tech Village, Bengaluru. This state-of-the-art facility showcases Awfis's capability to deliver large-scale, customized office solutions for global clients. The project strengthens Bengaluru's position as a key technology center in India and demonstrates Awfis's growing presence in the commercial real estate sector.

09Sept 25

Awfis Expands Premium Workspace Offerings with First Gold Centre in Pune

Awfis Space Solutions has launched its first Gold Centre at Eleven West By Panchshil in Pune, offering 28,103 sq. ft. of premium workspace. The company now has 29 centres in Pune and over 200 centres across 18 cities in India, with more than 140,000 seats available. Awfis has experienced a 39% year-over-year growth, adding 47 new centres and 43,452 seats since June 2024. The new Gold Centre features high-end amenities and is strategically located to cater to Pune's growing flexible workspace market.

18Aug 25

Awfis Space Solutions Reports Robust Q1 FY26 Results with 30% Revenue Growth and Margin Expansion

Awfis Space Solutions, a leading flexible workspace provider in India, reported robust Q1 FY26 results. Revenue grew 30% year-on-year to INR 335.00 crores, while EBITDA increased 60% to INR 127.00 crores. The company added 6,065 new operational seats, bringing total capacity to 140,186 seats across 220 centers. Coworking and Allied Services revenue grew 49% year-on-year. The company maintains a positive outlook for FY26 with 18,000 seats already signed for Q2 and Q3 occupancy, representing locked-in revenue of INR 463.00 crores.

11Aug 25

Awfis Space Solutions Reports Strong Q1 FY26 Growth with 30% Revenue Surge and Expanded EBITDA Margin

Awfis Space Solutions Limited, India's largest flexible workspace provider, reported robust Q1 FY26 results. Revenue increased 30% YoY to ₹335.00 crore, with EBITDA margin expanding to 37.80%. PBT grew 2.6 times to ₹10.00 crore. Operational seat capacity grew 40% YoY, with total centers reaching 232 and 155,000+ seats. The company expanded its Managed Aggregation portfolio and maintained high occupancy rates. Awfis also approved a new office furniture business line and granted employee stock options.

03Jun 25

Awfis Space Solutions Eyes 30% Revenue Growth in FY26, Expands Seat Capacity

Awfis Space Solutions anticipates 30% revenue growth for FY26, driven by significant seat capacity expansion. The company sold 53,000 seats in FY25, up from 37,000 in FY24. Currently operating 135,000 live seats with visibility for 30,000 more, Awfis reports a 73% blended occupancy rate, with mature centers achieving 84%. The company expects improved profit margins due to the increasing proportion of mature centers in its portfolio.

02Jun 25

Awfis Space Solutions Secures ₹800 Million Term Loan Facility

Awfis Space Solutions, a key player in the flexible workspace sector, has obtained a rupee term loan facility of ₹800 million (approximately $9.60 million USD). This financial boost is expected to support the company's operations and growth initiatives, potentially funding expansion, facility upgrades, technology investments, or working capital management. The successful acquisition of this loan suggests a positive outlook for Awfis in the competitive flexible workspace market.

27May 25

Awfis Space Solutions Reports Stellar Q4 Performance: Net Profit Soars Nine-fold

Awfis Space Solutions reported impressive Q4 and FY25 financial results. Q4 operating revenue increased 46% YoY to Rs 339.00 crore, with net profit growing over nine-fold to Rs 11.30 crore. For FY25, annual revenue rose 42% to Rs 1,207.00 crore, with net profit reaching Rs 68.00 crore. The company now operates 208 centers across 18 Indian cities. Sumit Lakhani has been appointed as the new CEO to lead the company's next growth phase.

26May 25

Awfis Space Solutions Reports Robust Q4 Performance with Significant Revenue and Profit Growth

Awfis Space Solutions announced strong Q4 financial results, with revenue increasing 46.55% year-over-year to ₹340.00 crore. EBITDA grew 72.16% to ₹115.00 crore, and net profit surged 841.67% to ₹11.30 crore. The company's EBITDA margin improved to 34.01%, while sales reached ₹317.70 crore, up 44.02% year-on-year. Operating profit increased by 59.20% compared to the same quarter last year, reflecting the company's strong market position in the flexible workspace sector.

13May 25

Awfis Space Solutions Expands Client Base, Eyes Metro Growth in Coworking Sector

Awfis Space Solutions, a leading coworking space provider in India, has successfully expanded its client base and is now planning further growth across metropolitan cities. The company is capitalizing on the increasing demand for flexible workspace solutions, driven by remote work trends, flexible lease preferences, and a growing startup ecosystem. Awfis aims to strengthen its market position in the competitive coworking industry through these strategic expansion efforts.

17Apr 25

Awfis Expands Services with Premium Corporate Transportation Partnership

Awfis Space Solutions Limited has partnered with ECOS (India) Mobility & Hospitality Limited to provide comprehensive corporate transportation services. The collaboration offers various options including corporate car rentals, employee shuttles, chauffeured services, and self-drive options. This move aims to address commuting challenges for employees and expand Awfis' service portfolio beyond traditional workspace solutions. The partnership is designed to cater to diverse client needs, from coworking professionals to large corporate entities, with pan-India coverage and 24/7 support.

20Feb 25

Awfis Space Solutions Faces Tax Authority Order, Continues Operations Amid ESOP Allotments

Awfis Space Solutions received a tax authority order for provisional attachment of bank accounts due to an alleged GST filing discrepancy of ₹4.42 crore. The company plans to reverse the disputed ITC amount. Despite this, Awfis proceeded with ESOP activities, allotting 1,34,951 equity shares under the 2015 plan and granting 1,44,382 new options under the 2024 scheme at varying price points.

19Feb 25

Awfis Space Solutions Faces Provisional Bank Account Attachment by Tax Authority

Awfis Space Solutions, a flexible workspace provider, is dealing with a provisional attachment of its bank accounts by tax authorities. The action stems from an alleged excess Input Tax Credit (ITC) claim of ₹4,42,26,020 in October 2024. The company plans to reverse the disputed ITC amount, citing recent legal changes. Awfis maintains that this will resolve the issue without financial impact. Meanwhile, the company continues with its corporate activities, including employee stock option allotments and upcoming investor conferences.