Awfis board approves financial results, credit boost, and business sale

Awfis Space Solutions' board of directors met on November 11, 2025, to approve standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2025. Standalone profit before tax for the period was INR 239.90 million, while consolidated profit before tax reached INR 267.06 million. The company's total standalone income for the half-year stood at INR 7,428.40 million.

The board also approved an enhancement of credit facilities from ICICI Bank Limited, increasing the total loan granted/taken to INR 1,300.00 million. The company currently has an outstanding balance of INR 146.90 million as of September 30, 2025. This enhancement is intended to finance capital expenditures for existing and new centers.

Furthermore, the board authorized the in-principle sale of its Design and Build business undertaking via a slump sale. This business contributed INR 2,782.58 million (23.13%) to turnover and INR 712.68 million to net assets for the financial year 2024-25. The buyer will be a wholly-owned subsidiary of Awfis, and the consideration will be determined based on a valuation report under the Income Tax Act, 1961.