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Smartworks posts first-quarter FY27 profit

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Smartworks logo
Date
Company
Smartworks
What it does
Smartworks turns profitable in Q1
Kind
Results
Amount
₹13.14 Cr
Based in
Bengaluru

What they do

Smartworks reported a net profit of about 13.14 crore rupees for the April to June quarter of FY27, a swing from earlier losses

What happened

Revenue rose roughly 44 percent from the same quarter a year earlier, driven by more seats and contracted space

Why it matters

The result shows the managed office model reaching profit as the listed company keeps adding large corporate clients

The details

  • Quarter ended June 2026 (Q1 of FY27).
  • Net profit about ₹13.14 crore.
  • Revenue grew about 44% year on year.
  • The company had swung to profit from a loss.

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