Special Consumer Services company Awfis Space Solutions announced Q1FY26 results Revenue from Operations Rs 335 crore +30%. Operating EBITDA: Rs 127 crore for Q1FY26, change 60% YoY. EBITDA margin: 37.8% for Q1FY26. PBT: Rs 10 crore for Q1FY26, change 2.6x. PBT Margin: 3.0% for Q1FY26. Q1FY26 reported PAT Rs 10 crore vs Rs 3 crore in Q1FY25 Amit Ramani, Chairman & Managing Director, said: “We are pleased to report a strong start to FY26, with revenue at Rs 335 crore, reflecting a 30% YoY growth. Our Operating EBITDA margin expanded by 710 basis points to 37.8%, driven by robust revenue growth, deeper enterprise penetration, expanding allied services, and a continued focus on operating efficiencies. Operationally, our momentum remains strong, with a 40% YoY growth in operational seat capacity, underscoring the strength and scalability of our expansion strategy. Our enterprise segment remains a key growth driver, with strong demand from first-time mid-sized GCC entrants and continued expansion by existing clients. As a result, our 100+ seat cohort now contributes 59% of our total portfolio, reinforcing the stickiness and scale of our enterprise relationships. 100% of the new Centres signed between June 2024 and June 2025 are located in Grade A assets, clearly reflecting our intent to cater to a discerning clientele and build a future-ready, high-quality workspace portfolio. Our Tier 2 city presence has grown by ~25%, underlining our success in scaling beyond metro hubs and capturing value in emerging locations. Since June’24, our total MA seat capacity has grown by 32%, and MA Centres by 23%, driven by growing landlord confidence and access to quality Grade A supply. As guided, our near-term focus has been on optimising the expanded capacity from FY25. Occupancies stood at 84% for Centres with 12+ months of vintage and 73% overall, reflecting healthy absorption trends. In the second half, we plan to resume strategic expansion in high-potential micro-markets to capture demand and enhance returns. With a solid foundation, increasing institutional trust, and a clear execution focus, we remain confident in our ability to sustain profitable growth. Our integrated ecosystem — spanning coworking, allied services, and design & build — positions us strongly for long-term leadership in the flexible workspace industry.” Result PDF