Awfis Eyes 30% Growth in FY26 Amid Surging Flexible Office Demand
Earnings
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CNBC TV1804-02-2026, 14:55

Awfis Eyes 30% Growth in FY26 Amid Surging Flexible Office Demand

  • Awfis Space Solutions anticipates a 30% overall growth for FY26, driven by strong demand for flexible office spaces.
  • Chairman and MD Amit Ramani highlights the co-working and allied services segment's outperformance, with 38% growth in the nine-month period and 32% in Q3FY26.
  • Growth is largely attributed to Global Capability Centres (GCCs) increasingly adopting flexible workspaces, especially first-time entrants to India.
  • Co-working offers GCCs quick setup, no long-term real estate commitment, and scalability, making it a preferred initial option.
  • Awfis reported ₹382 crore revenue, ₹22 crore profit after tax, and 36.5% margins in Q3FY26, with 21% of revenue from GCCs.

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