Profit Jumps 8X YoY To INR 11.2 Cr

Awfis’ net profit declined 26% quarter-on-quarter (QoQ) to INR 11.2 Cr from INR 15.2 Cr

Operating revenue grew 46% to INR 339.7 Cr from INR 232.3 Cr in the year-ago quarter

The company’s board approved the appointment of Sumit Lakhani as its CEO

Coworking space provider Awfis’ consolidated net profit surged 8X to INR 11.2 Cr in Q4 FY25 from INR 1.4 Cr in the year-ago period. However, the bottom line shrank 26% quarter-on-quarter (QoQ) from INR 15.2 Cr.

Operating…