💡 Company crossed 10 million sq. ft. operational portfolio milestone with strong Q3 revenue growth of 34% YoY.

What Happened

Smartworks Coworking Spaces Limited announced it has become India's first listed flex space provider to cross 10 million sq. ft. of operational portfolio. This milestone follows the operationalisation of the Tata Intellion Park centre in Mumbai. The company reported Q3 FY26 revenue of approximately ₹472 crore, representing a 34% year-on-year growth.

Key Details

Why It Matters

Crossing the 10 million sq. ft. operational portfolio milestone represents significant scale achievement for Smartworks in the competitive flexible workspace market. The company's 34% year-on-year revenue growth in Q3 FY26 indicates strong demand momentum, particularly from large enterprises and Global Capability Centres (GCCs). With mature centres operating at ~93% committed occupancy, the company demonstrates stability and execution capability in its campus-led model. This operational scale positions Smartworks as a national infrastructure partner for enterprises seeking multi-city expansion with standardized delivery.

Disclaimer: This is publicly available information sourced from NSE. Not investment advice.

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