Articles & Latest News on Smartworks

Smartworks Turns Profitable in Q3 FY26, Posts ₹1.2 Crore Net Profit 0
- Industry News
- January 16, 2026
Coworking operator Smartworks reported its first quarterly profit in Q3 FY26, posting a net profit of ₹1.2 crore. Strong revenue growth, improved margins, and rising enterprise demand supported the turnaround. The company also expanded its footprint, improved occupancy, and strengthened its supply pipeline for future growth.
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Managed & Flexible Workspaces Signal a Structural Shift in India’s Office Market: Smartworks’ Harsh Binani 0
- Industry News
- January 6, 2026
India’s office real estate market is undergoing a structural shift as managed and flexible workspaces move into the mainstream. Smartworks’ Harsh Binani highlights rapid supply growth, rising enterprise adoption, strong occupancies, and long-term contracts, positioning flexible offices as a core pillar of India’s evolving commercial real estate ecosystem.
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Kotak Backs Smartworks, Sees Flexible Workspaces as the Next CRE Growth Engine 0
- Industry News
- January 2, 2026
Kotak Institutional Equities has initiated coverage on Smartworks with a Buy rating and a fair value of ₹600, citing strong scale, visibility of expansion, and margin upside. The brokerage views Smartworks as a commercial real estate platform benefiting from hybrid work trends and rising enterprise demand for flexible offices.
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Smartworks Coworking Strengthens Employee Ownership With ESOP Share Allotment 0

Smartworks Coworking Spaces has allotted 7,650 equity shares under its ESOP 2022, increasing its paid-up capital to ₹114.26 crore. The move follows regulatory approvals from NSE and BSE and reflects the company’s continued focus on employee ownership, compliance, and long-term value creation in India’s growing flex office market.

Wipro Expands Kolkata Presence with 1.7 Lakh Sq Ft Smartworks Lease 0

Wipro has leased 1.7 lakh sq ft from Smartworks in Kolkata’s Sector V, marking the city’s largest flex-office deal. The space will support 3,000 employees across two Smartworks campuses. Executives from Smartworks and JLL say rising enterprise adoption of managed campuses reflects India’s shift toward scalable, tech-enabled workspace solutions.

Smartworks Closes Kolkata’s Largest Flex Office Deal With 1.68 Lakh Sq. Ft. Lease 0

Smartworks has leased 1.68 lakh sq. ft. in Kolkata to a leading global IT, consulting, and business process services company, marking the city’s largest flex office transaction. The space spans Smartworks’ Victoria Park and Mediasiti campuses in Salt Lake Sector V and offers tech-enabled work zones, collaboration areas, wellness spaces, and enterprise-grade amenities.

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