10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
RealEstate

DevX Shares Hit Lower Circuit For Second Straight Session


SUMMARY

This was a drop of 5.3% from the listing price of INR 61.3 on Wednesday (September 17)

The company’s market capitalisation stood at INR 524 Cr (about $59.3 Mn), with a trade volume of 8.8 Lakh

On the listing day, the stock rose to touch a high of INR 64.36 but it has been under pressure since the second trading session

Continuing their downward trajectory post the listing day, shares of coworking space provider DevX (Dev Accelerator) tumbled 5% to hit the lower circuit at INR 58.10 apiece on the BSE today. 

This…



Source link

by INC42

SUMMARY Sequentially, profit almost tripled from INR 5.1 Cr in the preceding June quarter Operating revenue for the quarter jumped 38% YoY and 14% QoQ to INR 241.1 Cr Total expenses rose 30% YoY to INR 224 Cr B2B ecommerce company ArisInfra Solutions posted a consolidated net profit of INR 15.3 Cr in Q2 FY26 as against a net loss of INR 2 Cr in the year-ago quarter on the back of strong revenue growth and improvement in margins. Sequentially, profit almost tripled from INR 5.1 Cr in the preceding June quarter. Operating… Source link

by INC42

SUMMARY The coworking space provider reported a net loss of INR 3.1 Cr in the September quarter of 2025, down 80% from INR 15.8 Cr in Q2 FY25 The stock was down 7.9% at INR 551.50 on the BSE at 10:55 IST. The company’s market capitalisation stood at INR 6,311.41 Cr (around $711.5 Mn) About 60% of the company’s demand comes from non-IT sectors like BFSI, consulting, and manufacturing Shares of coworking space provider Smartworks slumped as much as 9.6% to INR 541.35 today, despite the company posting a strong top line… Source link

by INC42

SUMMARY On a sequential basis, loss reduced by 26% from INR 4.2 Cr Operating revenue zoomed over 21% YoY and 12% QoQ to INR 424.8 Cr Total expenses rose 16% YoY to INR 445.5 Cr Coworking space provider Smartworks managed to cut its Q2 FY26 net loss by 80% to INR 3.1 Cr from INR 15.8 Cr in the year-ago period. On a sequential basis, loss reduced by 26% from INR 4.2 Cr. The improvement in the bottom line was a result of strong top line growth and improvement in margins. The company’s operating revenue zoomed over 21% YoY and… Source link