+
Awfis Reports Profit in Q4 FY24
ECONOMY & POLICY

Awfis Reports Profit in Q4 FY24

Awfis, a leading provider of shared workspace solutions, reported a profit of Rs 1.3 crore in the fourth quarter of FY24. This marks a significant milestone for the company as it transitions into profitability, reflecting its robust growth in the coworking industry. Awfis's financial performance in Q4 FY24 was bolstered by a strong demand for flexible workspace solutions, driven by the evolving needs of businesses in a post-pandemic world.

The company's revenue growth was supported by its strategic expansion into new markets and the introduction of innovative services tailored to meet the dynamic requirements of its clients. Awfis's ability to adapt to market trends and provide value-added services has been crucial in attracting a diverse clientele ranging from startups to large enterprises. The company?s focus on enhancing customer experience through technology integration and personalized services has also contributed to its positive financial results.

Awfis's CEO, Amit Ramani, highlighted that the company's success in achieving profitability is a testament to its resilient business model and strategic execution. He emphasized that Awfis will continue to leverage its market position to further expand its footprint and enhance its service offerings. The company plans to invest in technology, community-building initiatives, and sustainable practices to sustain its growth momentum.

The coworking sector, coworking industry, post-pandemic, shared workspace, flexible workspace solutions, evolving needs of businesses, market trends, technology integration, personalized services, diverse clientele, startups, large enterprises, customer experience, strategic execution, business model, growth momentum, sustainability.

Awfis's profitability in Q4 FY24 underscores the growing acceptance and adoption of flexible workspace solutions in the corporate world. As companies increasingly seek agile and cost-effective office solutions, the coworking industry is poised for continued growth. Awfis, with its innovative approach and customer-centric services, is well-positioned to capitalize on this trend and drive further growth in the coming quarters. The company's strategic initiatives and commitment to excellence are expected to sustain its upward trajectory in the competitive coworking market.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Awfis, a leading provider of shared workspace solutions, reported a profit of Rs 1.3 crore in the fourth quarter of FY24. This marks a significant milestone for the company as it transitions into profitability, reflecting its robust growth in the coworking industry. Awfis's financial performance in Q4 FY24 was bolstered by a strong demand for flexible workspace solutions, driven by the evolving needs of businesses in a post-pandemic world. The company's revenue growth was supported by its strategic expansion into new markets and the introduction of innovative services tailored to meet the dynamic requirements of its clients. Awfis's ability to adapt to market trends and provide value-added services has been crucial in attracting a diverse clientele ranging from startups to large enterprises. The company?s focus on enhancing customer experience through technology integration and personalized services has also contributed to its positive financial results. Awfis's CEO, Amit Ramani, highlighted that the company's success in achieving profitability is a testament to its resilient business model and strategic execution. He emphasized that Awfis will continue to leverage its market position to further expand its footprint and enhance its service offerings. The company plans to invest in technology, community-building initiatives, and sustainable practices to sustain its growth momentum. The coworking sector, coworking industry, post-pandemic, shared workspace, flexible workspace solutions, evolving needs of businesses, market trends, technology integration, personalized services, diverse clientele, startups, large enterprises, customer experience, strategic execution, business model, growth momentum, sustainability. Awfis's profitability in Q4 FY24 underscores the growing acceptance and adoption of flexible workspace solutions in the corporate world. As companies increasingly seek agile and cost-effective office solutions, the coworking industry is poised for continued growth. Awfis, with its innovative approach and customer-centric services, is well-positioned to capitalize on this trend and drive further growth in the coming quarters. The company's strategic initiatives and commitment to excellence are expected to sustain its upward trajectory in the competitive coworking market.

Next Story
Infrastructure Urban

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Next Story
Infrastructure Urban

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Next Story
Infrastructure Urban

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?