Awfis posts Rs 38.67 Cr profit in Q2 FY25 as revenue surges 40%

Quick Summary:

At Rs 218.31 crore in Q2, nearly three fourth of Awfis' revenues come from giving co-working space on rent and allied services.

This segment saw a 43% increase in revenues quarter-on-quarter.

In FY24, for every rupee invested, the company generated 42.8 paise of additional income, resulting in a return on capital employed (ROCE) of 42.8%, up from 25.3% in FY23 and 1.8% in FY22, as per its FY24 annual report.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: Space Revenues Privacy Policy Crore Model Co-working Capital Revenue Services Awfis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 15:18:59 (2 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23518274

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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