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

YourStory LogoYourStory1w ago

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

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:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 15:18:59 (1 weeks 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

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 27 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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  • URL: https://beamstart.com/news/awfis-posts-rs-3867-cr-17313385672248

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