Awfis Space Solutions Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Awfis has announced a board meeting on which it approved audited consolidated results for the quarter and year ended March 31, 2025. Revenue surged to ₹1,207.5 Cr, driven by growth in co-working and fit-out projects. The company swung to a consolidated PBT of ₹68.8 Cr from a loss last year, boosted by a ₹25.1 Cr exceptional gain from divesting its facility management arm. EPS came in at ₹9.75. IPO proceeds of ₹117 Cr were fully deployed for expansion and working capital. Post-quarter, India Ratings upgraded Awfis’s credit rating to IND A+ with stable outlook. The company also granted 144,382 employee stock options under its 2024 scheme.