Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Smartworks clocks Rs 1,374 Cr revenue and Rs 62 Cr loss in FY25
Smartworks, a co-working space provider, clocked ₹1,374 crore in revenue and a ₹62 crore loss in FY25. These financial results indicate significant revenue generation but also ongoing investments and operational costs leading to a loss. While the revenue figure showcases strong market presence and demand for co-working spaces, the loss suggests the company is still in a growth phase, prioritizing expansion and market capture over immediate profitability. These figures will be crucial for investors to assess Smartworks' business model and path to profitability as it potentially eyes an IPO.