Awfis Space Solutions Ltd

AWFIS Space Solutions has allotted 3,31,598 equity shares under ESOP on 27 May 2025. In terms of the aforesaid allotment of equity shares, the paid-up capital of the Company stands increased from Rs. 7,09,62,9460 comprising of 7,09,62,946 equity shares of Rs 10/- each to Rs. 71,29,45,440 comprising of 7,12,94,544 equity shares of Rs. 10/- each. Powered by Capital Market - Live

Net profit of AWFIS Space Solutions rose 713.77% to Rs 11.23 crore in the quarter ended March 2025 as against Rs 1.38 crore during the previous quarter ended March 2024. Sales rose 46.22% to Rs 339.69 crore in the quarter ended March 2025 as against Rs 232.32 crore during the previous quarter ended March 2024. For the full year,net profit reported to Rs 67.87 crore in the year ended March 2025 as against net loss of Rs 17.57 crore during the previous year ended March 2024. Sales rose 42.26% to Rs 1207.54 crore in the year ended March 2025 as against Rs 848.82 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales339.69232.32 46 1207.54848.82 42 OPM %34.1228.89 -33.3228.91 - PBDT93.0352.09 79 319.51178.43 79 PBT11.931.38 764 43.66-17.57 LP NP11.231.38 714 67.87-17.57 LP Powered by Capital Market - Live

Awfis Space Solutions announced the elevation of Sumit Lakhani as Chief Executive Officer (CEO). This strategic leadership transition marks a significant milestone in the company's growth journey and is designed to further strengthen its operational focus and execution capabilities. As CEO, Sumit will focus on P&L, daily operations, and customer-centric initiatives along with sales, marketing, and supply acquisition. Amit Ramani as Founder and Chairman & Managing Director, will continue to be at the helm, provide overarching strategic direction, ensuring Awfis stays at the forefront of innovation and long-term value creation. His focus will be on company growth, new business initiatives, Awfis Transform (Design and Build), as well as overseeing core enabling functions such as Finance, HR, Legal, and Administration. Amit's leadership will guide the next phase of expansion, capital efficiency, and multi-line diversification, anchoring Awfis as a future-ready enterprise.Powered by Capital Market - Live

Awfis Space Solution will hold a meeting of the Board of Directors of the Company on 26 May 2025.Powered by Capital Market - Live

AWFIS Space Solutions today announced the successful onboarding of three prominent global organizations at its premium centres in Hyderabad. The company has welcomed two Global Capability Centres (GCCs) at its flagship luxury workspace, Elite by Awfis, and a renowned global consulting firm at Awfis Gold. The new clients include Meltwater, a global leader in media intelligence and social analytics, and ABC Fitness, a pioneer in fitness technology solutions, both establishing their GCCs at Elite by Awfis. Additionally, Zinnov, a leading global management consulting firm, has joined the Awfis community at its premium Gold Centre in Hyderabad. Awfis has been entrusted with responsibility of designing, building, and managing the office spaces for these prestigious clients. The company's expertise in creating tailored workspace solutions has been a key factor in securing these partnerships. Elite by Awfis offers an uber-luxury workspace experience, featuring state-of-the-art amenities, bespoke design elements, and premium services. Similarly, Awfis Gold stands as a testament to premium workspace solutions built to the highest standards with timeless designs. Both centres are strategically located in premium business districts within Grade A developments, offering convenient access to social and public infrastructure. From a top cloud-based software provider for the property and casualty (P&C) insurance sector to a leading IT consulting firm, large corporates, GCCs, and MNCs collectively make up 63% of Awfis' client base. Elite by Awfis is also set to expand its premium workspace offerings to other key cities. In Bengaluru, two upcoming centres are slated to launch at Manyata Tech Park and Venus Block in Prestige Technology Park. Additionally, the brand is gearing up for further expansion in Mumbai & Delhi. Powered by Capital Market - Live

This collaboration marks a significant expansion of Awfis' service portfolio, addressing the growing need for reliable, secure, and cost-effective corporate mobility solutions,' the company stated. This strategic alliance represents yet another step in Awfis' evolution beyond traditional workspace solutions, adding transportation to its growing suite of allied services designed for Global Capability Centers (GCCs) and enterprise clients. The company's research also highlighted that commuting difficulties rank among the top challenges for employees returning to office spaces, with professionals citing transportation concerns as a significant drawback to their workplace experience. The partnership directly addresses this pain point by providing reliable and comfortable transportation options. Amit Ramani, chairman & managing director, Awfis Space Solutions, said: 'At Awfis, we have always believed that workspace solutions extend beyond physical offices. With this partnership, we are enhancing the overall business experience by providing seamless transport solutions that complement our workspace offerings. This partnership is a validation of Awfis' commitment to innovation and client satisfaction, and we look forward to working with ECOS Mobility to transform the corporate mobility landscape in India.' Awfis Space Solutions is a leading provider of flexible workspaces in India. They offer a variety of workspace solutions, including coworking spaces, customized managed offices, and mobility solutions. Awfis also provides design and build services through Awfis Transform and facility management services through Awfis Care. Their integrated platform strategy aims to address the modern workspace needs of businesses and professionals. The scrip fell 1.81% to currently trade at Rs 646.50 on the BSE. Powered by Capital Market - Live

AWFIS Space Solutions (Awfis) announced a strategic partnership with ECOS (India) Mobility & Hospitality to offer premium chauffeur-driven and employee transportation services to its clients nationwide. This collaboration marks a significant expansion of Awfis' service portfolio, addressing the growing need for reliable, secure, and cost-effective corporate mobility solutions. Commenting on the partnership, Amit Ramani, Chairman & Managing Director, Awfis Space Solutions, said, At Awfis, we have always believed that workspace solutions extend beyond physical offices. With this partnership, we are enhancing the overall business experience by providing seamless transport solutions that complement our workspace offerings. This partnership is a validation of Awfis' commitment to innovation and client satisfaction, and we look forward to working with ECOS Mobility to transform the corporate mobility landscape in India.Powered by Capital Market - Live

Awfis Space Solutions has granted 1,44,382 Employee Stock Options convertible into equal number of equity shares of the Company of face value of Rs. 10/- each, under the Awfis Space Solutions Employee Stock Option Scheme - 2024. Powered by Capital Market - Live

AWFIS Space Solutions has allotted 1,34,951 equity shares under ESOP on 19 February 2025. With this allotment, the paid up equity share capital has increased to Rs. 70,96,29,460 comprising of 7,09,62,946 equity shares of Rs. 10/- each. Powered by Capital Market - Live

Net profit of AWFIS Space Solutions reported to Rs 15.18 crore in the quarter ended December 2024 as against net loss of Rs 6.29 crore during the previous quarter ended December 2023. Sales rose 44.00% to Rs 317.72 crore in the quarter ended December 2024 as against Rs 220.64 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales317.72220.64 44 OPM %33.7630.57 - PBDT86.0747.33 82 PBT14.28-6.29 LP NP15.18-6.29 LP Powered by Capital Market - Live