Smartworks Coworking Spaces Ltd

📈 Smartworks Coworking Expands to 10.1M Sq. Ft – FY26 Revenue Hits ₹1,795.81 Cr

- Operational space expanded to 10.1 million sq. ft

- FY26 Total Operating Income: ₹1,795.81 crore (vs. ₹1,375.27 crore in FY25)

- Net profit of ₹10.53 crore in FY26 (vs. loss of ₹63.18 crore in FY25)

- IPO raised ₹582.56 crore (₹225.84 crore allocated for expansion)

- Strong occupancy at 82% with 775 diverse clients

- CARE Ratings reaffirmed: 'CARE A; Stable' for long-term facilities

- Liquidity assurance: ₹263.10 crore cash reserves + escrow mechanisms

- ESG focus on energy efficiency, renewables & waste reduction