Smartworks Q2 Profit at ₹25.64 Crore; EBITDA Improves

Mumbai, October 30: Smartworks Coworking Spaces Limited reported consolidated profit after tax of ₹25.64 crore for the September quarter of FY27, compared with a loss of ₹3.14 crore in the corresponding quarter last year. Revenue from operations increased 39.2% year-on-year to ₹591.37 crore from ₹424.78 crore.

Smartworks Q2 EBITDA and Profit Performance

Based on the company’s consolidated results, EBITDA—calculated as profit before tax plus finance costs and depreciation, less other income—was approximately ₹69.14 crore in Q2 FY27, compared with approximately ₹27.01 crore a year earlier.

Consolidated profit before tax stood at ₹34.87 crore, against a loss of ₹4.39 crore in the year-ago quarter. Total income increased to ₹605.30 crore from ₹441.07 crore.

For the six months ended September 30, 2026, revenue from operations reached ₹1,137.62 crore, compared with ₹803.99 crore in the corresponding period last year. Consolidated profit after tax was ₹38.79 crore, against a loss of ₹7.34 crore.

Stock Market Snapshot

The Smartworks share price was trading at ₹475.60, down 1.84% on Friday, October 30, compared with the previous close of ₹484.50. The stock opened at ₹480.10.

The quote reflects the intraday price displayed at 11:02:47 AM IST. The price movement alone does not establish a direct link between the results and the stock’s performance.

About Smartworks Coworking Spaces

Smartworks Coworking Spaces Limited provides managed office spaces, workplace design and fit-out services to businesses.

Conclusion

Smartworks reported a return to consolidated quarterly profitability alongside higher revenue and an improvement in calculated EBITDA. Investors will track whether the company sustains its earnings performance as its managed office business expands.

Source:

• https://www.nseindia.com/get-quote/equity/SMARTWORKS/Smartworks-Coworking-Spaces-Limited
• https://nsearchives.nseindia.com/corporate/SMARTWORKS_30102026104539_Outcome_of_BM_FInal_snd.pdf