Smartworks Coworking Spaces' Q3 FY 2025-26 Quarterly Results
- 16 Jan 2026
Result Summary
- Smartworks Coworking Spaces Ltd reported a 10.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 34.2%.
- Its expenses for the quarter were up by 9.2% QoQ and 26.1% YoY.
- The net profit decreased 139.5% QoQ and decreased 107.7% YoY.
- The earnings per share (EPS) of Smartworks Coworking Spaces Ltd stood at 0.11 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 488.15 | 441.07 | 363.62 | 10.7% | 34.2% |
Total Expenses | 486.59 | 445.46 | 385.90 | 9.2% | 26.1% |
Profit Before Tax | 1.56 | -4.39 | -22.28 | -135.5% | -107.0% |
Tax | 0.32 | -1.25 | -6.26 | -125.6% | -105.1% |
Profit After Tax | 1.24 | -3.14 | -16.02 | -139.5% | -107.7% |
Earnings Per Share | 0.11 | -0.27 | 0.00 | -140.7% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Smartworks Coworking Spaces Ltd is a company that operates in the flexible office space industry, providing coworking environments and office solutions to businesses and professionals. The company plays a significant role in the growing coworking sector, which caters to a diverse range of clients, including startups, small businesses, and large corporations. Recent industry trends have shown a rising demand for flexible office solutions due to the increase in remote and hybrid work models. However, specific recent developments about Smartworks Coworking Spaces Ltd are not available in the data provided.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Smartworks Coworking Spaces Ltd reported total income of ₹488.15 crores. This represents a quarter-on-quarter (QoQ) increase of 10.7% compared to ₹441.07 crores in the second quarter of fiscal year 2026 (Q2FY26). Additionally, there was a year-over-year (YoY) growth of 34.2% from ₹363.62 crores in the third quarter of fiscal year 2025 (Q3FY25). These figures indicate a positive trend in revenue growth over both the short and longer term.
Profitability
For Q3FY26, Smartworks Coworking Spaces Ltd reported a profit before tax of ₹1.56 crores, a significant improvement from the loss of ₹4.39 crores recorded in Q2FY26 and the loss of ₹22.28 crores in Q3FY25. The profitability metrics indicate a QoQ increase of 135.5% and a YoY increase of 107.0%. The profit after tax for Q3FY26 was ₹1.24 crores, compared to a loss of ₹3.14 crores in the previous quarter and a loss of ₹16.02 crores in the same quarter last year, showing a QoQ increase of 139.5% and a YoY increase of 107.7%. Earnings per share (EPS) improved to ₹0.11 from -₹0.27 in Q2FY26.
Operating Metrics
Smartworks Coworking Spaces Ltd's total expenses for Q3FY26 were ₹486.59 crores, marking a 9.2% increase from ₹445.46 crores in Q2FY26 and a 26.1% increase from ₹385.90 crores in Q3FY25. Despite the rise in expenses, the company achieved a positive net profit, indicating efficient management of resources relative to income. The tax for the quarter was ₹0.32 crores, showing a reduction from the tax credits of -₹1.25 crores in the previous quarter and -₹6.26 crores in the same quarter last year, reflecting changes in tax liabilities and financial structuring.