India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

IndiQube Spaces reported a 38.5% year-on-year rise in total income to ₹448.81 crore in Q1 FY27, while its net loss narrowed 35% to ₹23.88 crore. The company benefited from a smaller income-expense gap. Its growing 137-centre network now covers 17 cities and 10.61 million sq. ft.
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IndiQube Spaces posted its highest-ever quarterly revenue of ₹428 crore in Q1FY27. PAT surged 91% to ₹35 crore, while EBITDA rose 34% to ₹87 crore. The managed workspace provider also expanded its portfolio to 10.61 million sq ft and 236,000 seats, supported by stronger occupancy and VAS growth.
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