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Awfis posts Rs 335 Cr revenue in Q1 FY26; profit jumps 3.5x

EntrackrEntrackr · 2m ago
Awfis posts Rs 335 Cr revenue in Q1 FY26; profit jumps 3.5x
Medial

Fintrackr All Stories Awfis posts Rs 335 Cr revenue in Q1 FY26; profit jumps 3.5x Co-working solutions provider Awfis has announced its financial results for the first quarter of FY26, registering decent growth in its revenue while more than tripling its profit in the first quarter of FY26. The company’s revenue from operations grew 30% year-on-year to Rs 335 crore in Q1 FY26 from Rs 258 crore in the same quarter last year, according to its financial statement sourced from NSE. Other income contributed an additional Rs 18 crore which drove its total income to Rs 353 crore for the quarter. On a quarterly basis, the firm’s revenue fell 1.5% from Rs 340 crore in Q4 FY25. Founded in 2015, Awfis provides office spaces for startups, SMEs, and large corporations, along with services such as food and beverages, IT support, and infrastructure solutions. Revenue from co-working spaces remained the largest segment, growing 49% to Rs 276 crore in Q1 FY26 from Rs 185 crore in Q1 FY25. The construction and fit-out projects segment brought in Rs 58 crore, while other services contributed Rs 1 crore to the overall revenue in Q1 FY26. On the expense side, depreciation was the largest burn, standing at Rs 86 crore, whereas employee benefits expenses decreased to Rs 30 crore. Subcontracting expenses fell 15% YoY to Rs 47 crore. Finance costs amounted to Rs 46 crore, which pushed the firm’s total cost to Rs 343 crore in the previous quarter. Due to steady growth and controlled expenses, Awfis’ profit surged 3.5X to Rs 10 crore in Q1 FY26 from Rs 2.8 crore in Q1 FY25. Awfis has allotted 136,777 Employee Stock Options, currently valued at Rs 7.6 crore, as part of its 2024 Employee Stock Option Scheme. Awfis’ stock is trading at Rs 557 with a total market capitalization of Rs 3,971 crore (approximately $453 million).

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VBAP Holding sells Awfis’ shares worth Rs 57 Cr

EntrackrEntrackr · 16d ago
VBAP Holding sells Awfis’ shares worth Rs 57 Cr
Medial

VBAP Holdings Private Limited sold its 23.6% stake in co-working solutions firm Awfis through a bulk deal. According to a corporate disclosure on the National Stock Exchange, the firm offloaded 9,96,307 shares at Rs 570.12 per share for Rs 56.8 crore. As of March 2025, VBAP owned 42,17,712 shares of Awfis, forming a total of 5.92% of Awfis' total captable. Less than a week ago, QRG Investments offloaded Awfis’ shares worth Rs 22 Cr through a bulk deal. Awfis’ revenue from operations grew 30% year-on-year to Rs 335 crore in Q1 FY26 from Rs 258 crore in the same quarter last year. The company’s profit surged 3.5X to Rs 10 crore in Q1 FY26, from Rs 2.8 crore in Q1 FY25 in the same period. Awfis’ stock is trading at Rs 565.8 (as of 11:55 AM) with a total market capitalization of Rs 4,061 crore.

QRG Investments offloads Awfis’ shares worth Rs 22 Cr

EntrackrEntrackr · 21d ago
QRG Investments offloads Awfis’ shares worth Rs 22 Cr
Medial

Snippets QRG Investments offloads Awfis’ shares worth Rs 22 Cr QRG Investments and Holdings Limited has sold 3,67,408 shares of Awfis at a price of Rs 591.17 per share aggregating to Rs 21.94 crore in a bulk deal. QRG Investments and Holdings Limited, the promoter holding arm of QRG Group and a key shareholder in Havells India, operates as a mid-tier NBFC. It manages a diverse portfolio that includes startup investments, listed stocks, venture debt, structured credit, REITs/InvITs, and private businesses across sectors such as healthcare, EVs, and pharmaceuticals. Awfis on its Annual General Meeting yesterday reappointed Rajesh Kharabanda as Non-Executive Director who retires by rotation. Awfis’ revenue from operations grew 30% year-on-year to Rs 335 crore in Q1 FY26 from Rs 258 crore in the same quarter last year. The company’s profit surged 3.5X to Rs 10 crore in Q1 FY26, from Rs 2.8 crore in Q1 FY25 in the same period. Awfis’ stock is trading at Rs 577 (as of 10:40 AM) with a total market capitalization of Rs 4,131 crore.

QRG Investments offloads Awfis’ shares worth Rs 141 Cr

EntrackrEntrackr · 2d ago
QRG Investments offloads Awfis’ shares worth Rs 141 Cr
Medial

QRG Investments offloads Awfis’ shares worth Rs 141 Cr QRG Investment has sold its 82% stake in co-working solutions firm Awfis through a bulk deal. The investor has offloaded its 24,07,800 shares at Rs 585.14 per share for Rs 140.9 crore. According to a corporate disclosure on the National Stock Exchange (NSE), the investor has offloaded its 24,07,800 shares at Rs 585.14 per share for Rs 140.9 crore. Prior to this, QRG had offloaded 3,67,408 Awfis’ shares last month, aggregating to Rs 22 crore, taking its total disinvestment to 94% of its overall stake in the company. As of March 2025, QRG Investments owned 29,39,074 shares of Awfis, forming a total of 4.11% of Awfis' total captable. QRG Investments and Holdings Limited, the promoter holding arm of QRG Group, operates as a mid-tier NBFC. On the other hand, HSBC MUTUAL FUND picked up 9,18,300 shares of Awfis at a price of Rs 585 per share, which totaled to Rs 53.72 crore in a bulk deal. Earlier this month, VBAP Holdings Private Limited also sold its 23.6% stake in Awfis through a bulk deal for Rs 56.8 crore. Awfis’ revenue from operations grew 30% year-on-year to Rs 335 crore in Q1 FY26 from Rs 258 crore in the same quarter last year. The company’s profit surged 3.5X to Rs 10 crore in Q1 FY26, from Rs 2.8 crore in Q1 FY25 in the same period. Awfis’ stock is trading at Rs 577 with a total market capitalization of Rs 4,126 crore.

CarTrade posts Rs 173 Cr revenue in Q1 FY26, profit jumps 2X YoY

EntrackrEntrackr · 2m ago
CarTrade posts Rs 173 Cr revenue in Q1 FY26, profit jumps 2X YoY
Medial

CarTrade released its financial results for the first quarter of the ongoing fiscal year (Q1 FY26) on Monday. The company reported a 22% year-on-year revenue growth compared to Q1 FY25, with profit doubling in the same time period. CarTrade’s revenue from operations grew 22% to Rs 173 crore in Q1 FY26 in contrast to Rs 142 crore in Q1 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE). The company’s total income for Q1 FY26 grew to Rs 199 crore, up from Rs 157 crore in Q1 FY25. The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 38% of the total operating revenue which increased to Rs 66 crore in Q1 FY26 from Rs 51 crore in Q1 FY25. Income from the remarketing and classified segment stood at Rs 59 crore and Rs 48 crore, respectively, in the first quarter of the ongoing fiscal year. On the expense front, employee benefits expenses formed 53% of the overall spending which went up a modest 6% to Rs 75 crore during the period. Including other costs, CarTrade’s overall expenses increased 8% to Rs 142 crore in Q1 FY26 from Rs 23 crore during Q1 FY25. The decent growth and controlled spending enabled CarTrade to double its net profit to Rs 47 crore in Q1 FY26, compared to Rs 23 crore in Q1 FY25. CarTrade’s share price is trading at Rs 1,871 (as of 10:56 AM) with a total market capitalization of Rs 8,886 crore ($1.03 billion).

Delhivery posts Rs 2,294 Cr revenue in Q1 FY26; net profit jumps 67% YoY

EntrackrEntrackr · 2m ago
Delhivery posts Rs 2,294 Cr revenue in Q1 FY26; net profit jumps 67% YoY
Medial

url: https://entrackr.com/fintrackr/delhivery-posts-rs-2294-cr-revenue-in-q1-fy26-net-profit-jumps-67-yoy-9615373. Content: Logistics company Delhivery announced its Q1 FY26 results, posting a 5.6% year-on-year increase in revenue. The firm reported a profit of Rs 91 crore for the quarter. Delhivery's revenue from operations rose to Rs 2,294 crore, with primary income coming from logistics services. Total revenue, including non-operating activities, reached Rs 2,423.8 crore. Freight handling and servicing costs were Rs 1,566 crore, while employee benefit expenses rose to Rs 352.65 crore. Overall expenditure increased to Rs 2,326.6 crore. Delhivery's profit surged 67% compared to the same quarter of FY25. The company's share price stood at Rs 429.05, with a market capitalization of Rs 32,032.5 crore ($3.76 billion).

Paytm posts Rs 1,918 Cr revenue and Rs 123 Cr profit in Q1 FY26

EntrackrEntrackr · 2m ago
Paytm posts Rs 1,918 Cr revenue and Rs 123 Cr profit in Q1 FY26
Medial

Fintech firm Paytm announced its financial results for the first quarter of the ongoing fiscal year (Q1 FY26) on Tuesday. The Noida-based company reported a revenue of Rs 1,918 crore and a net profit of Rs 123 crore for the period. According to Paytm’s unaudited quarterly report filed with the National Stock Exchange, its revenue from operations increased by 28% year-on-year from Rs 1,501 crore in Q1 FY25 to Rs 1,918 crore in Q1 FY26. Paytm has not disclosed its revenue breakup. The company also added Rs 241 crore from other non-operating sources, bringing its overall revenue to Rs 2,159 crore in Q1 FY26. For the fintech firm, its employee benefits remained the largest cost center, accounting for 32% of the overall cost, which decreased by 33% to Rs 643 crore in Q1 FY26. Its payment processing charges increased by 12% to Rs 581 crore, and marketing expenses decreased by 55% to Rs 100 crore in Q1 FY26. Software, communication, legal, cashback, and other overheads took the total expenditure to Rs 2,016 crore in Q1 FY26 from Rs 2,476 crore in Q1 FY25. Paytm turned profitable and recorded a net profit of Rs 123 crore in Q1 FY26, in contrast to a loss of Rs 840 crore in Q1 FY25. As of July 22, Paytm’s share price rose 3.5% to Rs 1,053 with the total market capitalization standing at Rs 67,218 crore.

Blackbuck posts Rs 144 Cr revenue in Q1 FY26, profit grows 17%

EntrackrEntrackr · 2m ago
Blackbuck posts Rs 144 Cr revenue in Q1 FY26, profit grows 17%
Medial

Blackbuck has released its financial report for the first quarter of the ongoing financial year ending March 2026. The Bengaluru-based company reported a 57% year-on-year growth in scale in Q1 FY26 and posted a profit of Rs 34 crore in the quarter. Blackbuck's revenue from operations grew to Rs 144 crore in Q1 FY26 from Rs 92 crore in Q1 FY25, its financial statements sourced from the National Stock Exchange show. On a quarter-on-quarter basis, Blackbuck’s operating revenue increased 18% to Rs 144 crore in Q1 FY26 from Rs 122 crore in Q4 FY25. Revenue from its truck operator services was the primary source of revenue, accounting for 98% of total operating revenue. The company also made Rs 16 crore from interest income which took its overall revenue to Rs 160 crore in Q1 FY26, compared to Rs 98 crore in Q1 FY25. Looking at the expenses, the employee benefit cost accounted for 32% of the overall expenditure which fell 5% year-on-year to Rs 37 crore in Q1 FY26 from Rs 39 crore in Q1 FY25. Deprecation and other operating expenses were key overheads that drove total expenditure to Rs 114 crore in Q1 FY26, compared to Rs 92 crore in the same quarter last year. Blackbuck’s net profit increased 17% to Rs 34 crore in Q1 FY26, as compared to Rs 29 crore in Q1 FY25. Blackbuck debuted on the stock exchange at Rs 208.90 and is now trading at Rs 481.85 (at 15:26 PM), bringing its total market capitalization to Rs 8,670 crore ($1 billion).

Zomato’s parent Eternal posts Rs 7,167 Cr revenue in Q1 FY26, profit falls 90%

EntrackrEntrackr · 2m ago
Zomato’s parent Eternal posts Rs 7,167 Cr revenue in Q1 FY26, profit falls 90%
Medial

Fintrackr All Stories Zomato’s parent Eternal posts Rs 7,167 Cr revenue in Q1 FY26, profit falls 90% Eternal released its financial results for the first quarter of FY26 on Monday. The Gurugram-based company reported a 90% fall in profit for the quarter ending June 2025. Eternal’s revenue from operations grew 70% to Rs 7,167 crore in Q1 FY26 in contrast to Rs 4,206 crore in Q1 FY25, as per the firm’s consolidated financial results sourced from the National Stock Exchange (NSE). Eternal operates several business units, including a food marketplace, Hyperpure, and a quick commerce platform, BlinkIt. Income from Eternal’s food delivery business contributed 31% of the total revenue in Q1 FY26, growing 16% to Rs 2,261 crore from Rs 1,942 crore in Q1 FY25. Revenue from Hyperpure (B2B supplies) and the quick commerce segment (Blinkit) saw significant growth, rising 89% to Rs 2,295 crore and 155% to Rs 2,400 crore, respectively, during the first quarter of FY26. Earnings from the 'Going-out' segment and other non-operating income brought the Eternal Group’s total revenue to Rs 7,521 crore in Q1 FY26. On the cost side, Delivery and related charges accounted for 25% of Eternal's total expenditure, at Rs 1,869 crore in Q1 FY26. Employee benefit cost rose 57% to Rs 830 crore while spending on advertising and marketing increased by 69% to Rs 671 crore in Q1 FY26. Overall, the company’s overall expenditure increased by 77% to Rs 7,433 crore in Q1 FY26, up from Rs 4,203 crore in Q1 FY25. The 70% surge in advertising led the company's profit to fall by 90% to Rs 25 crore in Q1 FY26 from Rs 253 crore in Q1 FY25. On a per-unit basis, the Gurugram-based company spent Rs 1.04 to earn every rupee of revenue during the quarter ending March 2025. At 15:37 on Monday (July 21), Eternal’s shares were priced at Rs 274, giving the foodtech platform a market capitalization of Rs 2,64,564 crore (approximately $31.2 billion).

Awfis posts Rs 257 Cr revenue in Q1 FY25, improves profits

EntrackrEntrackr · 1y ago
Awfis posts Rs 257 Cr revenue in Q1 FY25, improves profits
Medial

Co-working solutions provider Awfis filed its first quarterly results after going IPO. The Delhi based company witnessed 10.9% revenue growth with the profits spiking 102.9% during the same period. Awfis’ revenue increased to Rs 258 crore in Q1 FY25 from Rs 232 crore in Q4 FY24, as per its unaudited consolidated financial statements filed with the National Stock Exchange (NSE). Income from renting of co-working space and allied services contributed 72% of the firm’s total operating revenue while construction and fit-out projects contributed 26% . On a sequential basis, its operating revenue increased by 37.31% from Rs 187.7 crore in Q1 FY24. Awfis’ total expense increased by 10.57% to Rs 265.08 crore in Q1 FY25 from Rs 239.79 crore in Q4 FY24. Subcontracting cost and purchase of traded goods accounted for 24% of the total expense. Employee benefit, depreciation and amortization and finance costs were some other major expenses for the 10-year-old company. The consistent growth in scale helped Awfis to double its profit which stood at Rs 2.78 crore in Q1 FY25 as compared to Rs 1.37 crore in Q4 FY24. For context, Awfis posted a loss of Rs 8.3 crore in Q1 FY24. Awfis is currently trading at Rs 669.7 (as at the end of August 13) with the market capitalization of Rs 4648 crore (approximately $560 million).

Info Edge posts Rs 791 Cr revenue in Q1 FY26; profit surges 32%

EntrackrEntrackr · 2m ago
Info Edge posts Rs 791 Cr revenue in Q1 FY26; profit surges 32%
Medial

Info Edge, the parent company of Naukri and 99acres, reported a 17% growth in operating revenue in the first quarter of the ongoing fiscal year (Q1 FY26), while its profit increased by 32%. The Noida-based company’s operating revenue rose to Rs 791 crore in Q1 FY26 from Rs 677 crore in Q1 FY25, according to documents sourced from the National Stock Exchange (NSE). On a quarter-on-quarter basis, Info Edge’s operating revenue rose 5.5% to Rs 791 crore in Q1 FY26 from Rs 750 crore in Q4 FY25. Info Edge derives the majority of its revenue from Naukri.com, which contributed Rs 562 crore in the quarter ending June 2025, a 15% year-on-year growth compared to Q1 FY25. Meanwhile, revenue from 99acres reached Rs 111 crore, while Jeevansathi and Shiksha contributed Rs 34 crore and Rs 50 crore, respectively, during the same quarter. The company added another Rs 213 crore from interest on deposits and investment which pushed its overall revenue to Rs 1,004 crore in Q1 FY26. On the expense side, Info Edge spent 58% of its overall expenditure on employee benefits, which increased 12% year-on-year to Rs 327 crore in Q1 FY26. Its advertising and internet costs stood at Rs 127 crore and Rs 22 crore, respectively. The company’s overall cost grew 16% YoY to Rs 564 crore in Q1 FY26 from Rs 485 crore in Q1 FY25. Info Edge’s profit grew by 32% to Rs 343 crore in Q1 FY26, compared to Rs 259 crore in Q1 FY25. Its EBITDA stood at Rs 468 crore in the same period. As of 2:22 PM (Friday, August 8), Info Edge is trading at Rs 1,333.5, down 2% from today’s opening price. The firm’s market capitalization stands at Rs 86,277 crore ($9.8 billion).

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