5444472025-10-012025-12-315444472025-04-012025-12-315444472025-10-012025-12-31in-capmkt:OtherExpenses1Member5444472025-10-012025-12-31in-capmkt:OtherExpenses2Member5444472025-04-012025-12-31in-capmkt:OtherExpenses1Member5444472025-04-012025-12-31in-capmkt:OtherExpenses2Member5444472025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15444472025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15444472025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15444472025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544447SMARTWORKSNOTLISTEDINE0NAZ01010SMARTWORKS COWORKING SPACES LIMITEDMain BoardEquity2025-04-012026-03-312026-01-152026-01-09INRMillionsQuarterlyThird quarterSingle segmentDeveloping and licensing fully serviced office spaces, design and fitout services and related ancillary services2026-01-1516:30:002026-01-1517:03:00Not applicable2025-10-012025-12-31UnauditedConsolidated472128000016018000048814600000227000002452600009679900002232740000141763000048658900001557000001557000019700001200000317000001240000000001240000029400001534000000001142620000100.110.11000.110.111. The Unaudited Consolidated Financial Results for the quarter and nine months ended December 31, 2025 of Smartworks Coworking Spaces Limited (the "Company") and its four wholly owned subsidiaries (together referred to as "the Group") have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on January 15, 2026. In compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Limited Review of these Consolidated Financial Results has been carried out by the Statutory Auditors. <BR> <BR> 2. The Unaudited Consolidated 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 nine months ended December 2024 have been extracted from the Group's audited special purpose consolidated interim financial statements for the nine months ended December 31, 2024. Further, the figures for the quarter ended December 31, 2024, are the balancing amounts between the audited special purpose consolidated interim financial statements for the nine months ended December 31, 2024 and the audited special purpose consolidated interim financial statements for the six months ended September 30, 2024. <BR> <BR> 4. The Group's primary business segment involves developing and licensing fully serviced office spaces, design and fitout services and related ancillary services. The Group's Chief Operating Decision Maker (CODM) reviews the Group's performance as a single operating unit. Accordingly, the Group has a single operating segment. Hence, the disclosures as per Regulation 33(1)(e) read with Clause (L) of Part A of Schedule IV of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended are not applicable to the Group. <BR> <BR> 5. Effective November 21, 2025, The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the 'New Labour Codes'. The corresponding rules under these codes are yet to be notified by state / central authorities. <BR> <BR> Under Ind AS 19, changes to employee benefit plans arising from legislative amendments constitute a plan amendment, requiring recognition of past service cost in the statement of profit and loss. The New Labour Codes has resulted in estimated one time increase in provision for employee benefits of the Group by Rs. 5.34 million and the same has been recognised in current reporting period as employee benefit expenses. <BR> <BR> The Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting impact, if any, based of such developments. <BR> <BR> 6. All the amounts included in the Unaudited Consolidated Financial Results are rounded off to the nearest million, except per share data and unless stated otherwise. <BR> <BR> 7.The results for the quarter and nine months ended December 31, 2025 are available on Stock Exchange websites www.nseindia.com and www.bseindia.com and on the Company's website https://www.smartworksoffice.com/investors/ <BR> 2025-04-012025-12-31UnauditedConsolidated1276122000041078000013172000000035630000070975000027105500005951930000384813000013255990000-839900000-839900002080000-25110000-230300000-609600000000-6096000018000000-429600000000114262000010-0.55-0.5500-0.55-0.55Other expenses94350000Operating expenses1323280000Other expenses268240000Operating expenses3579890000Re-measurement gain/(loss) on defined benefit plans-800000-800000Re-measurement gain/(loss) on defined benefit plans-2660000-2660000-200000-670000Net gain/(loss) due to foreign currency translation differences35400003540000Net gain/(loss) due to foreign currency translation differences199900001999000000294000018000000