IPO-Bound Smartworks’ FY25 Loss Widens 27% To INR 63.2 Cr

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SUMMARY

Smartworks’ operating revenue stood at INR 1,374.1 Cr in FY25, a 32.3% increase from INR 1,039.4 Cr in the year ago period

Total expenses for FY25 stood at INR 1,489.1 Cr, up from INR 1,180.7 Cr in FY24, driven by higher operating, employee, and finance costs

As per the RHP, Smartworks trimmed the size of its fresh issue to INR 445 Cr from INR 550 Cr, while the OFS component was nearly up to 33.79 Lakh shares

IPO-bound coworking startup Smartworks’ consolidated net…



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IPO-Bound Smartworks’ FY25 Loss Widens 27% To INR 63.2 Cr


SUMMARY

Smartworks’ operating revenue stood at INR 1,374.1 Cr in FY25, a 32.3% increase from INR 1,039.4 Cr in the year ago period

Total expenses for FY25 stood at INR 1,489.1 Cr, up from INR 1,180.7 Cr in FY24, driven by higher operating, employee, and finance costs

As per the RHP, Smartworks trimmed the size of its fresh issue to INR 445 Cr from INR 550 Cr, while the OFS component was nearly up to 33.79 Lakh shares

IPO-bound coworking startup Smartworks’ consolidated net…



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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