Indiqube Q1 profit rises 303%, Revenue touches RS 313 crore

Indiqube Q1 profit rises 303%, Revenue touches RS 313 crore

1 minute, 46 seconds Read

Indiqube spaces, one of the fastest-growing workspace solution providers in India, turnover from activities, became a record high of £ 313 CRORE, an increase of 27% on an annual basis of £ 246 crore in Q1 FY2025 under Igaaptaalt, who are debut-Equivalent, who his debut Equivalent, which is the debut Equivalent, who, who is the debut-Equivalt of Fy2026, who, who are the debut-Equivalt-Equivalt-Equivalt-Equivalt, considered.

The company said that 98% of this turnover returned, underlined the stability of his business model. EBITDA almost doubled £ 65 crore of £ 33 crore in the same quarter last year, which represents a growth of 98%. The net profit (Igaap equivalent) rose 303% yoj to £ 18.5 crore, compared to £ 4.6 crore in Q1 FY2025, as a result of disciplined version and scalability.


“Our growth momentum continues to strengthen and this quarter marks a milestone in our ten-year journey. We are building a strong basis for the future,” said co-founder and CEO Rishi Das.

According to IND as a report, however, the company recorded a net loss of £ 37 crore, mainly as a result of depreciation on usual assets and interest on lease liabilities according to IND as 116 standards. Reported ED as EBITDA was £ 188 crore, an increase of 61% JoJ.

Operational growth remained strong. The under -management area expanded with almost 1 million square meters to 8.7 million square meters, while the chair capacity increased by 21,000 to 193,000 seats. Indiqube added 17 new centers and entered two new cities – Kolkata and Mohali – which brought his portfolio to 120 property in 15 cities, with a healthy occupancy rate of 85%.


Co-founder Meghna Agarwal said that the sustainability of the company was commissioned by the first phase of a 20 MW Group Solar Farm, which generated more than 9.8 Lakh units Green Power and reduced monthly energy costs with £ 68 Lakh generated. Initiatives Furthermore, we have ordered the first phase of our 20 MW Group Solar Farm, which in June generated more than 9.8 Lakh units of Green Power and saved £ 68 Lakh in monthly energy costs.

Supported by a crisil ‘a+’ (stable) creditworthiness, the strong income visibility of Indiqube, expansion of the footprint and technology-guided offers position it good to record evolving workspace requirements on the flexible office market of India.

#Indiqube #profit #rises #Revenue #touches #crore

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *