Awfis Opens New Centre In Lucknow, Shares Jump 5%

Awfis Opens New Centre In Lucknow, Shares Jump 5%

SUMMARY

Shares of Awfis rallied more than 5% to INR 717.50 apiece during the intraday trading on the BSE on Tuesday (January 14)

The coworking space startup opened a new centre in Uttar Pradesh’s Lucknow, expanding its presence to 9 tier II cities

Awfis posted a consolidated net profit of INR 38.67 Cr in Q2 FY25 against a net loss of INR 4.24 Cr in the same quarter last year

Shares of Awfis rallied more than 5% to INR 717.50 apiece during the intraday trading on the BSE on Tuesday (January 14) after the shared coworking space provider announced the opening of a new centre in Lucknow.

“With the launch of its new centre in Lucknow, Awfis solidifies its position as India’s leading provider of flexible workspace solutions,” the company said in a statement. 

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