Smartworks Cuts Q2 Loss 80% YoY To INR 3 Cr

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SUMMARY

On a sequential basis, loss reduced by 26% from INR 4.2 Cr

Operating revenue zoomed over 21% YoY and 12% QoQ to INR 424.8 Cr

Total expenses rose 16% YoY to INR 445.5 Cr

Coworking space provider Smartworks managed to cut its Q2 FY26 net loss by 80% to INR 3.1 Cr from INR 15.8 Cr in the year-ago period. On a sequential basis, loss reduced by 26% from INR 4.2 Cr.

The improvement in the bottom line was a result of strong top line growth and improvement in margins. The company’s operating revenue zoomed over 21% YoY and…



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Smartworks Cuts Q2 Loss 80% YoY To INR 3 Cr


SUMMARY

On a sequential basis, loss reduced by 26% from INR 4.2 Cr

Operating revenue zoomed over 21% YoY and 12% QoQ to INR 424.8 Cr

Total expenses rose 16% YoY to INR 445.5 Cr

Coworking space provider Smartworks managed to cut its Q2 FY26 net loss by 80% to INR 3.1 Cr from INR 15.8 Cr in the year-ago period. On a sequential basis, loss reduced by 26% from INR 4.2 Cr.

The improvement in the bottom line was a result of strong top line growth and improvement in margins. The company’s operating revenue zoomed over 21% YoY and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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