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The Economic Times
The Economic Times
Technology

Awfis Q4 profit doubles, revenues up 20% YoY on GCC boom and AI-led expansion

Awfis Space Solutions, which provides offices to corporates, reported a 20.8% year-on-year increase in its revenue from operations, at Rs 410 crore in the March quarter, up from Rs 339 crore a year earlier. Net profit more than doubled to Rs 23 crore from Rs 11.2 crore during the same period helped by rising demand from global capability centres (GCCs) and enterprises.

The Delhi-based company reported a total income of Rs 429 crore for the quarter, including Rs 19 crore from other income.

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