IndiQube Spaces Ltd reported robust Q3 FY26 results with revenue from operations rising 45% year-on-year to Rs 395 crore. Profit after tax surged 214% to Rs 40 crore, driven by strong enterprise demand, higher occupancy, and recurring revenue streams.
IndiQube Spaces Ltd, the Bengaluru-based managed workspace solutions provider, announced its financial results for the quarter ended December 31, 2025. The company showcased significant growth across revenue and profitability, underscoring its expanding footprint in India’s flexible workspace market.
Key Highlights
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Revenue from operations stood at Rs 395 crore, marking a 45% year-on-year increase
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Total income for the quarter reached Rs 403 crore, reflecting strong business momentum
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Profit after tax surged 214% YoY to Rs 40 crore, compared to Rs 13 crore in Q3 FY25
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Nine-month FY26 revenue stood at Rs 1,063 crore, up 37% year-on-year
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Recurring revenues contributed 94% of the total revenue mix, ensuring high earnings visibility
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Growth was driven by rising occupancy levels, enterprise demand, and expansion into new markets
The company’s performance highlights the resilience of the flexible workspace model, supported by long-term contracts and recurring income streams. IndiQube continues to strengthen its position as a leading player in India’s managed office solutions sector.
Sources: The Economic Times, ISN News