Awfis Space Solutions Q2 revenue jumps 26% YoY; shares close 5% higher

Shares of Awfis Space Solutions closed nearly 5% higher ahead of the quarterly result announcement. The company’s operational efficiency improved substantially in the H1FY26 by 44% YoY. The shares closed 4.9% higher at ₹637 apiece on the NSE.

On the topline front, the company’s total revenue jumped 26% YoY to ₹367 crore, up from ₹293 crore in the same period last year. The company holds India’s largest flexible workspace portfolio, comprising 247 centres and 170k seats.

On the operational front, the company’s EBITDA margin for the quarter jumped to 36.1% as against 32% in Q2FY25. In the H1FY26, the operational EBITDA jumped 44% YoY as the revenue jumped 28% YoY and profit after tax rose 49% YoY.

Commenting on the Q2FY26 results, Mr. Amit Ramani, Chairman and Managing Director, said, “At Awfis, we have built India’s largest flexible workspace portfolio, comprising 247 centres and ~170k seats across 18 cities, serving a diverse base of around 3.4k clients. This scale reflects the strength of our execution capabilities and the deep operational expertise we’ve developed over the past decade.

In H1 FY26 marked another quarter of strong financial performance, driven by scale efficiencies and disciplined execution. In H1 FY26, our Operating EBITDA grew 44% YoY, Revenue expanded 28%, and PAT rose 49%, reflecting both top-line growth and improved profitability.”

The company recently expanded its presence in Mumbai with the launch of new centre spanning around 50000 square feet chargeable area in Supreme Business Park, Hiranandani Gardens, Powai

The shares are up 57% in 2025 from the listing price and 34% lower than the record high levels.