Articles & Latest News on Awfis

Awfis Posts 20% Revenue Growth, Profit Rises to ₹22 Crore on GCC and Enterprise Demand 0

Awfis reported a strong December quarter with operating revenue up 20% YoY to ₹382 crore and net profit rising to ₹22 crore. The coworking leader saw solid traction from GCC and enterprise clients, maintained high occupancy, added 10 centres, and strengthened leadership with a new CFO appointment effective February 3.

Awfis Rejigs Top Leadership as CFO Ravi Dugar Steps Down, Sumit Rochlani Returns 0

Coworking operator Awfis has announced a CFO transition, with Ravi Dugar stepping down and Sumit Rochlani returning to the role. The leadership change comes as the company strengthens its enterprise and GCC-focused strategy, expands seat capacity across key Indian cities, and scales operations while improving financial discipline and long-term visibility.

GCC Demand Set to Power India’s Flexible Office Growth, Says Awfis CMD Amit Ramani 0

Global Capability Centres are emerging as the strongest growth engine for India’s flexible and managed office market. Awfis CMD Amit Ramani says GCCs already dominate large enterprise demand, favour longer tenures and higher margins, and are accelerating the adoption of managed offices as first-time global entrants scale operations across India.

WeWork, Awfis and Others Ride India’s GCC Wave as Flex Becomes the Default Office Choice 0
- Industry News
- November 22, 2025
India’s surge in Global Capability Centres is fueling a parallel rise in flexible workspaces. WeWork India and Awfis now earn 35–45% of revenue from GCC clients, as multinationals shift to fast-scaling micro-hub models. Operators are rapidly expanding stock, betting that GCCs will drive nearly half of new flex demand by 2027.
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Awfis Targets 30% Growth in FY26, Bets on Diversification and Non-Core Revenue 0
- Industry News
- November 3, 2025
Awfis Space Solutions is targeting 30% revenue growth in FY26 to cross ₹1,600 crore, adding 40,000 seats across 70 new centres. With 232 live locations, the company plans to boost its non-core revenue—design, IT, furniture, and cafeteria services—to 40% over five years, maintaining strong profitability and near-zero debt.
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Awfis Unveils 50,000 sq ft Coworking Hub in Mumbai 0
- Industry News
- October 8, 2025
Awfis Space Solutions Ltd has expanded its flexible workspace footprint in Mumbai with the launch of a vast 50,000 square foot coworking centre in Supreme Business Park, Hiranandani Gardens, Powai. This latest addition increases the company’s total Mumbai centres to 35 and its nationwide presence to over 200 centres across 18 cities, catering to the escalating demand for managed offices among corporate clients.
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