Smartworks Coworking Spaces is launching an IPO to raise ₹583 crore, primarily for capital expenditure and debt repayment. While revenue and EBITDA have grown, the company has consistently reported net losses. Its cost-effectiveness and the expanding managed workspace market are potential advantages, but geographic concentration remains a risk. Investors should carefully consider these factors before investing.
Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.