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Smartworks Coworking Spaces has expanded its presence in Delhi NCR with a new managed office at 4 Worldmark by Bharti Real Estate in Aerocity. Spanning ~1.41 lakh sq. ft., the new centre reflects the Company`s sustained focus on strengthening its footprint across key enterprise corridors and high-growth office markets. Located adjacent to Indira Gandhi International Airport, the centre places Smartworks in one of Delhi NCR`s fastest-growing commercial hubs, well connected and supported by a strong hospitality and business ecosystem. The location strengthens the Company`s ability to serve multinational corporations, GCCs, and large enterprises seeking premium, well-located managed workspace in the national capital region. By partnering with Bharti Real Estate on this asset, Smartworks continues to deepen its relationships with leading developers across India, building on existing associations with groups such as Hiranandani, Panchshil Realty, DLF, and Tata Realty, among others.

Net profit of Smartworks Coworking Spaces reported to Rs 13.15 crore in the quarter ended June 2026 as against net loss of Rs 4.20 crore during the previous quarter ended June 2025. Sales rose 44.05% to Rs 546.25 crore in the quarter ended June 2026 as against Rs 379.21 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales546.25379.21 44 OPM %63.3363.56 - PBDT263.28168.34 56 PBT17.57-5.57 LP NP13.15-4.20 LP Powered by Capital Market - Live News

Smartworks Coworking Spaces (Smartworks) has expanded its engagement with L&T Technology Services (LTTS) through the addition of over 1,100 seats in Pune. With this expansion, LTTS`s managed office portfolio with Smartworks has grown to over 2,750 seats across cities, reflecting the continued growth of a long-standing, multi-city enterprise engagement. The combined expected rental revenue from these locations is estimated at Rs 115 crore, which includes the Pune expansion of Rs 55 crore for a tenure of 60 months.

Smartworks Coworking Spaces has leased over 930 seats to the India-based subsidiary of a UK-headquartered global professional services and technology firm in Pune. With this addition, the client`s total seat count with Smartworks now stands at over 1,730 seats. The 60-month engagement is expected to generate committed rental revenue of Rs 58 crore. Combined with the existing engagement, the expected rental commitment is estimated at Rs 102 crore.

Smartworks Coworking Spaces will hold a meeting of the Board of Directors of the Company on 22 July 2026.