Awfis Space Solutions announces its q4 results on June 20, the company’s share price jumps over 6%. Revenue from operations jumped 45% to Rs. 232.32 crores in Q4 FY24 as compared to Rs. 159.97 crores in Q4 FY23. The firm reported pre-tax profit of ₹1.37 crores in Q4 FY24 as against loss of ₹13.85 crores in Q4 FY23.
Awfis Space Solutions was recently listed on both NSE & BSE on May 30, 2024 with a listing gain of 13.57% from its Issue price.
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On yearly basis, the company reported consolidated Net Loss of ₹17.56 crores in FY24 as compared with Net Loss of ₹46.37 crores in FY23. Revenue from Operations jumps over 55.66% to Rs. 848.81 crores in FY24 as compared to Rs. 545.28 crores in FY23.
About Awfis Space Solutions Limited
Founded in April, 2015, Awfis Space Solutions Limited is the largest flexible workspace solutions company in India based on total number of centers (as of June 30, 2023). The comapny operates in 17 cities, included 9 Tier-I cities, It provides a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office for start-ups, small and medium enterprises (“SME’s”) as well as for large corporates and multi-national corporates. The company has more than 2459 clients.
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