5444472025-04-012025-06-305444472025-04-012025-06-30in-capmkt:OtherExpenses1Member5444472025-04-012025-06-30in-capmkt:OtherExpenses2Member5444472025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544447SMARTWORKSNOTLISTEDINE0NAZ01010SMARTWORKS COWORKING SPACES LIMITEDMain BoardEquity2025-04-012026-03-312025-08-122025-08-07INRMillionsQuarterlyFirst quarterSingle segmentDeveloping and licensing fully serviced office spaces design and fitout services and related ancilliary services2025-08-1214:30:002025-08-1215:02:00Not applicablefalsefalseThe company has not defaulted on Loans and Debt securities.2025-04-012025-06-30UnauditedStandalone3647850000913700003739220000000210060000801010000168019000011081200003799380000-601600000-601600000-15140000-151400000-450200000000-45020000-40000-45060000103190000010-0.44-0.4400-0.44-0.441. The Unaudited Standalone Financial Results for the quarter ended June 30 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 12 2025. In compliance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 a Limited Review of these standalone financial results has been carried out by the Statutory Auditors. <BR> <BR> 2. The Unaudited Standalone Financial Results have been prepared in accordance with the recognition and measurement principles as laid down in Indian Accounting Standard 34 Interim Financial Reporting (Ind AS 34) prescribed under section 133 of the Companies Act 2013 as amended (the Act) read with relevant rules issued thereunder as amended and other accounting principles generally accepted in India. <BR> <BR> 3. The figures for the quarter ended March 31 2025 are the balancing amounts between the audited standalone financial statements for the year ended March 31 2025 and the special purpose audited standalone financial statements for the nine months ended December 31 2024. The Unaudited Standalone Financial Results for the quarter ended June 30 2024 have not been subjected to limited review or audit. <BR> 4. The Companys primary business segment involves developing and licensing fully serviced office spaces design and fitout services and related ancilliary services. The Board of Directors of the Company, which has been identified as being the Chief Operating Decision Maker CODM evaluates the Company performance allocate resources based on the analysis of the various performance indicator of the Company as a single unit of coworking spaces. Hence, no separate segment information is disclosed. <BR> <BR> 5. Subsequent to the quarter ended June 30 2025 the Company successfully completed its Initial Public Offering IPO of 14321474 equity shares with a face value of Rs. 10 each at an issue price of Rs. 407 per share this includes 88812 shares issued under the employee quota at a discounted price of Rs. 370 per share. The IPO comprised a fresh issue of 10941734 shares and an offer for sale of 3379740 shares by selling shareholders. Following the IPO the equity shares of the Company were listed on the National Stock Exchange of India Limited NSE and the BSE Limited on July 17 2025. Accordingly, the standalone financial results for the quarter ended June 30 2025 have been prepared for the first time in compliance with SEBI listing regulations. <BR> <BR> 6. During the quarter ended March 31 2025 the Company has opted for the concessional income tax regime under Section 115BAA of the Income Tax Act 1961 resulting in a lower applicable tax rate of 25.17 percentage. Consequently the re-measurement of deferred tax assets and liabilities at the revised tax rate has led to an additional deferred tax expense of Rs. 42.52 million which has been recognized in the financial results for the quarter ended March 31 2025. <BR> <BR> 7. All the amounts included in the Unaudited Standalone Financial Results are rounded off to the nearest million except per share data and unless stated otherwise. <BR> 8. The results for the quarter ended June 30 2025 are available on Stock Exchange websites www.nseindia.com and www.bseindia.com and on the company's website httpswww.smartworksoffice.cominvestors <BR> Operating expenses1021400000Other expenses86720000Re-measurement loss on defined benefit plans-50000-50000-100000-40000