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Results · 3 November 2026AwfisCo-working space operatorawfis.com ↗

Awfis revenue FY27: ₹439 Cr, net profit ₹30.8 Cr

Awfis Q2 profit nearly doubles to ₹30.8 crore

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Awfis revenue

Awfis reported revenue of ₹439 Cr in FY27, with a net profit of ₹30.8 Cr, as reported by Entrackr, Inc42 and CNBC-TV18 on 3 November 2026.

Awfis revenue
Revenue (FY27)₹439 Cr
Net profit (FY27)₹30.8 Cr
Delhi
  • Awfis rents out flexible co-working offices and also runs a fit-out business, with co-working making up over 83% of its operating revenue
  • Operating revenue rose 20% to ₹439 crore in the September 2026 quarter, and net profit nearly doubled to ₹30.8 crore
  • For the first half of FY27, revenue climbed 23% to ₹863.6 crore; lease depreciation was its biggest cost at ₹119 crore

What happened

  • Q2 FY27 revenue from operations: ₹439 crore, up 20%.
  • Net profit: ₹30.8 crore, nearly double.
  • Total income was ₹464.3 crore.
  • Co-working revenue rose 22% to ₹363.6 crore.
  • Fit-out projects added ₹75.2 crore.

Why it matters

  • First-half revenue grew 23% to ₹863.6 crore.
  • Total expenses rose to ₹433 crore from ₹377 crore.
  • Lease depreciation grew 25% to ₹119 crore.

The business

  • Awfis is a Delhi-based co-working provider.
  • Co-working is its largest segment.
  • It also does construction and fit-out work.

The founders

Amit Ramani

Founder, Chairman and MD
in

In numbers

₹439 CrOperating revenue · Q2 FY27
₹30.8 CrNet profit · Q2 FY27

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Terms in this story

  • Revenue from operations: Revenue from operations is what a company earns from its main business. Total income adds other income, such as interest on cash. When Indian outlets report different revenue for the same startup and year, they are often quoting one of these two lines.
  • Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.

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