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Awfis reports Rs 439 Cr revenue in Q2 FY27; profit grows 93%

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Awfis reports Rs 439 Cr revenue in Q2 FY27; profit grows 93%

Co-working solutions provider Awfis announced its Q2 FY27 financial results on Tuesday, reporting a 20% year-on-year growth in operating revenue. The company’s net profit nearly doubled to Rs 30.8 crore during the quarter ended September 2026.

The Delhi-based company’s revenue from operations grew to Rs 439 crore in Q2 FY27 from Rs 367 crore in the same quarter last year, according to its financial statements sourced from the NSE.

Other income contributed Rs 25.6 crore, taking Awfis’ total income to Rs 464.3 crore during the quarter.

For the first half of FY27, Awfis reported a 23% year-on-year increase in revenue to Rs 863.6 crore from Rs 701.6 crore in the corresponding period last year. 

Co-working spaces remained Awfis’ largest revenue contributor, accounting for over 83% of its operating revenue. Revenue from the segment grew 22% year-on-year to Rs 363.6 crore in Q2 FY27 from Rs 297.4 crore in the corresponding quarter last year. Meanwhile, its construction and fit-out projects business contributed Rs 75.2 crore during the quarter.

On the expenditure front, depreciation on leases remained Awfis’ largest cost component, rising 25% year-on-year to Rs 119 crore. Subcontracting costs stood at Rs 59.7 crore, while employee benefit expenses remained flat at Rs 32.7 crore. Finance costs and other operating overheads took total expenses to Rs 433 crore in Q2 FY27, up from Rs 377 crore in the corresponding quarter last year.

8 crore in Q2 FY27 from Rs 16 crore in the year-ago quarter.



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