India's Smartworks Coworking Spaces rises after posting quarterly profit

Smartworks Coworking Spaces

30/04/2026 10:02

** Shares of Smartworks Coworking Spaces SMAW.NS jump from 1.5% gain to as much as 7.5% after Q4 results

** Last up 1.66% at 446.35 rupees

** Q4 consolidated profit of 166.2 million rupees ($1.75 million) vs loss of 83 million rupees, a year ago

** Revenue rises 45% y/y

** Trading volume at 996,970 shares so far, more than 12x 30-day average

** SMAW rated "strongbuy" on average by five analysts, median PT at 620 rupees - data compiled by LSEG

** YTD, stock down about 11%

($1 = 95.1650 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))