Financial Results

Umiya Buildcon's Strategic Leap: Strong Q1 FY26 Performance Driven by Hybrid Revenue Model

Umiya Buildcon reports a strong Q1 FY26, with revenue up 17% to ₹12.82 crore and adjusted EBITDA soaring 745% to ₹42.12 crore. This growth is driven by its hybrid revenue model, balancing high-margin real estate and telecom/networking solutions. A key asset sale of ₹40.5 crore boosted capital, earmarked for new manufacturing and R&D.

Smartworks' Pre-IPO Performance: Revenue Soars 32% to ₹1,374 Crore, But Losses Widen to ₹63 Crore

Smartworks, an IPO-bound coworking major, reported a 32% revenue surge to ₹1,374 crore in FY25, but net losses widened to ₹63 crore. As it prepares for a July 10 IPO, the company aims to reduce expenses and achieve profitability. Funds will fuel expansion and debt repayment in India's growing flexible workspace market.