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AWFIS DEPUTY CEO
Awfis CFO Ravi Dugar steps down; Sumit Rochlani takes overThe company has appointed Sumit Rochlani as its new CFO with effect from February 3, it said in a stock exchange filing. Rochlani had previ...
Awfis’ revenues grow 25% to Rs 367 crore, but profits slideTotal expenses during the quarter increased to Rs 377 crore from Rs 287 crore a year prior. A significant portion of this was due to deprec...
Awfis Space Q1 Results: Profit rises threefold, revenue up 30%Operating Ebitda of the office space sharing company was up 60% YoY at Rs 127 crore, with the margin expanding 38%. Also, the company’s boa...
Awfis Space Solutions shares in focus after nine-fold jump in Q4 profit; revenue up 46%Awfis Space Solutions reported a sharp jump in Q4FY25 profit to Rs 11.3 crore, up over nine times YoY, while revenue rose 46% to Rs 339 cro...
Awfis net profit rises nine-fold in Q4, revenue up 46%Awfis reported a strong Q4 with a 46% surge in operating revenue, reaching Rs 339 crore, and a net profit increase to Rs 11.3 crore. The co...
Groww files for IPO; FirstCry, Nazara, Awfis report Q4 earningsWealthtech platform Groww is heading for the public markets after confidentially filing its draft IPO papers. This and more in today’s ETte...
Awfis elevates deputy CEO Sumit Lakhani to chief executive officerAwfis has appointed Sumit Lakhani as its new CEO, succeeding founder Amit Ramani, who will continue as chairman and managing director. Lakh...
Promoters continue to pare stakes even as stock prices fallSince October 1, when the market began declining, promoters of nearly 120 mid- and small-cap companies have sold shares worth ₹7,000 crore.
SEZ denotification to bridge demand supply gap for flexi office operatorsThe relaxation of Special Economic Zone (SEZ) regulations, coupled with growing demand for flexible office solutions, is poised to enhance ...
Almost 90% of the employees are asked to come to office at least thrice a week: SurveyAccording to a survey by Awfis and Savills, 66% of employees are required to go to the office every day, while 23% have a hybrid model of 3...
Awfis expands its footprint in South India with 11 new propertiesAmit Ramani, CEO and Founder, Awfis, said, "The region presents numerous opportunities through its expanding real estate landscape. This ex...
Office space occupiers plan expansion to Tier-2 cities : SurveyThese cities have witnessed infrastructure development, including improved transportation and connectivity, making them more accessible for...
Flexible workspace provider Awfis adds 1,400 seats in NCRThe centre at Suncity, Gurgaon is spread across 40,000 sq. ft and has 650 seats, while the centre at Knowledge Boulevard, Noida spans over ...
Over 70% of smaller firms in favour of working from office: SurveyMost respondents are eager to collaborate with coworking players to successfully implement a strategy for a distributed workforce, while 30...
Awfis enters Kochi, strengthen presence in SouthIn line with its expansion plans in emerging metros, Awfis intends to establish a strong network in Tier II cities in the coming months. At...
Awfis leases over 1 lk sq ft workspace in Kolkata to 3 large corporates in 6 monthsIn line with this partnership, Grant Thornton has taken customised set up in Awfis’ Eco Centre (Awfis Gold centre) at Acropolis Mall in Kol...
Flexible workspace providers hiking rentals by up to 15%“With a surge in demand and limited amount of grade A office space available in metros, quality workspaces are commanding a higher premium,...
Work from Anywhere: From hotel rooms to cafes, professionals turn innovativeWork-from-home is so passe that well-placed and well-paid employees are now checking out the scenery not too far from home.
Awfis elevates Sumit Lakhani to Deputy CEOLakhani has been instrumental in building the company from the ground up. He's played a key business role, not limited only to sales and ma...
Awfis announces elevation of Sumit Lakhani as Deputy CEO“Awfis and will continue to strive to further enrich the experiences for our existing community and scale towards greater heights. Awfis is...