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IndiQube Spaces Posts Rs 6 Cr Loss in September Quarter, Revenue Rises to Rs 492 Cr

Authored By PTI | Published at: Nov 4, 2026 12:31 PM IST

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IndiQube Spaces Posts Rs 6 Cr Loss in September Quarter, Revenue Rises to Rs 492 Cr

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New Delhi: Realty firm IndiQube Spaces Ltd has reported a net loss of Rs 5.86 crore for the quarter ended September, despite higher revenue.

The company, which provides managed office spaces to corporates, had posted a net loss of Rs 29.86 crore in the year-ago period.

Total income, however, grew to Rs 492.16 crore in the second quarter of this fiscal from Rs 366.59 crore in the corresponding period of the preceding year, according to a regulatory filing on Tuesday.

Rishi Das, Co-founder & CEO, IndiQube, said: “Q2 FY27 has been another strong quarter for IndiQube, with our highest ever quarterly revenue of Rs 475 crore, growing 34 per cent year on year.”

During the April-September period of 2026-27, IndiQube posted a net loss of Rs 29.75 crore as against a net loss of Rs 66.62 crore in the year-ago period.

Total income rose to Rs 940.97 crore in the first half of this fiscal from Rs 690.71 crore in the corresponding period of the preceding year.

On key operational metrics for the first six months, IndiQube said that the area under management has increased by 1.72 million sq ft year-on-year to 10.86 million sq ft. The seat capacity rose by 38,000 to 2,41,000 seats.

At present, the company has 138 properties across 17 cities.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)

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