US EditionSmartworks Q1: Loss Narrows 82% YoY To INR 4.2 Cr
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Smartworks Q1: Loss Narrows 82% YoY To INR 4.2 Cr
Recently listed Smartworks’ consolidated net loss narrowed 82% to INR 4.2 Cr in Q1 FY26 from INR 23 Cr in the same quarter a year ago on the back of growth in its top line and improvement in margins. Sequentially, loss declined 49% from INR 8.3 Cr. The coworking space provider’s operating revenue zoomed 21% to INR 379.2 Cr during the quarter under review from INR 313.4 Cr in Q1 FY25. On a quarter-on-quarter basis, revenue increased 5.9% from IN…
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