Smartworks Coworking Spaces Limited — Updates, 16-01-2026: General Updates

Smartworks posted strong Q3 results: Revenue jumped 34% YoY, EBITDA 86% YoY, and Ind AS PAT turned positive at 1.2 Cr. ROCE surged to 21%, indicating improved capital efficiency. The company is net-debt negative, supported by enterprise-led growth and a credit rating upgrade.