Quarterly Result12 Aug 2026, 06:01 pm
IndiQube Q1 FY27 Revenue Hits Record ₹428 Cr, PAT Up 91%
AI Summary
IndiQube Spaces Ltd announced its Q1 FY27 financial results, reporting its highest ever quarterly revenue of ₹428 crore, a 37% year-on-year increase. Profit After Tax (PAT) surged by 91% to ₹35 crore. The company highlighted strong operational performance with steady-state occupancy at 90% and overall occupancy at 86%. Value Added Services (VAS) revenue grew to ₹72 crore, contributing 17% to operating revenue. EBITDA increased by 34% to ₹87 crore, and EBIT grew by 59% to ₹55 crore. The company added 17 new centers, expanding its portfolio to 137 properties across 17 cities, managing 10.61 million sq. ft. and 236,000 seats. IndiQube also reaffirmed its CRISIL 'A+' (Stable) credit rating.
Key Highlights
- Record Q1 FY27 revenue of ₹428 Cr, up 37% YoY.
- PAT increased 91% YoY to ₹35 Cr.
- Occupancy strengthened to 90% steady state and 86% overall.
- VAS revenue reached ₹72 Cr, contributing 17% to operating revenue.
- Portfolio expanded to 137 properties across 17 cities.
Price Impact
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