5444472026-01-012026-03-315444472026-03-315444472025-03-315444472025-04-012026-03-315444472026-01-012026-03-31in-capmkt:OtherExpenses1Member5444472026-01-012026-03-31in-capmkt:OtherExpenses2Member5444472025-04-012026-03-31in-capmkt:OtherExpenses1Member5444472025-04-012026-03-31in-capmkt:OtherExpenses2Member5444472026-03-31OtherNoncurrentFinancialAssetsDomain15444472026-03-31OtherNoncurrentAssetsDomain15444472026-03-31OtherNoncurrentAssetsDomain25444472026-03-31OtherNoncurrentAssetsDomain35444472026-03-31OtherCurrentFinancialAssetsDomain15444472026-03-31OtherCurrentAssetsDomain15444472026-03-31OtherNoncurrentFinancialLiabilitiesDomain15444472026-03-31OtherNoncurrentFinancialLiabilitiesDomain25444472026-03-31OtherNoncurrentLiabilitiesDomain15444472026-03-31OtherCurrentFinancialLiabilitiesDomain15444472026-03-31OtherCurrentFinancialLiabilitiesDomain25444472026-03-31OtherCurrentLiabilitiesDomain15444472026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15444472025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15444472026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15444472025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15444472026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544447SMARTWORKSNOTLISTEDINE0NAZ01010SMARTWORKS COWORKING SPACES LIMITEDMain BoardEquity2025-04-012026-03-312026-04-302026-04-27INRMillionsQuarterlyFourth quarterSingle segmentDeveloping and licensing fully serviced office spaces, design and fitout services and related ancilliary services2026-04-3009:30:002026-04-3010:28:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31UnauditedConsolidated519683000013021000053270400000427200000238830000950570000234065000015317800005104550000222490000022249000086930000-306800005625000001662400000000166240000100800001763200001142630000101.451.45001.451.451. The Consolidated Financial Results for the quarter and year ended March 31, 2026 of Smartworks Coworking Spaces Limited (the "Parent") 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 April 30, 2026. The Consolidated Financial Results have been reviewed by the Statutory Auditors. <BR> <BR> 2. The Consolidated Financial Results have been prepared in accordance with the recognition and measurement principles as laid down in Indian Accounting Standards, 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 and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended (the "LODR Regulations"). <BR> <BR> 3.The Consolidated Financial Results includes the results for the quarter ended March 31, 2026 being the balancing figure between audited figure in respect of the full financial year and the published year to date figure up to the third quarter of the current financial year, which were subject to limited review by the Statutory Auditors. <BR> <BR> Further, the figure for the quarter ended March 31, 2025 are the balancing figure between the Audited Consolidated Financial Statements for the year ended March 31, 2025 and the Special Purpose Audited Consolidated Interim Financial Statements for the nine months ended December 31, 2024. <BR> <BR> 4.The Group's primary business segment involves developing and licensing fully serviced office spaces, design and fitout services and other related 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 LODR Regulations are not applicable to the Group. <BR> <BR> 5.During the quarter ended March 31, 2025, the Parent and one of its subsidiaries had 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%. 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. 43.03 millions, which has been recognized in the financial results for the quarter ended March 31, 2025. <BR> <BR> 6.All the amounts included in the Consolidated Financial Results are rounded off to the nearest millions, except per share data and unless stated otherwise. <BR> <BR> 7.The results for the quarter and year ended March 31, 2026 are available on Stock Exchange websites www.nseindia.com and www.bseindia.com and on the Company's website https://www.smartworksoffice.com/investors/2025-04-012026-03-31AuditedConsolidated1795805000054099000018499040000078350000094858000036611200008292580000537991000018360540000138500000013850000089010000-5579000033220000010528000000001052800002808000013336000011426300001041641400000.950.95000.950.95Other expenses141720000Operating expenses1390060000Other expenses409960000Operating expenses496995000015233850000559370000001575600002443000000218200000037142800003736100000139220000038677340000597808500000038733000087920000014764100000896940000363988000001215450000485533000000646361800001142630000416414000053067700000530677000013539800000004313662000044490600000907400000078028000045361620000715720000151350000176989000019212400001050550000013142460000802400000201300002800000013967790000005932941000064636180000Other financial assets3714280000Right-of-use assets36964170000Income tax assets (net)195850000Other non-current assets1517320000Other financial assets896940000Other current assets1215450000Lease liabilities39083030000Other financial liabilities4053590000Other non-current liabilities780280000Other financial liabilities3874730000Lease liabilities6630770000Other current liabilities80240000036611200000-1408300000-241189000000007987500000254454000008292580000010490000000004988800002750000000-3140000-2908400000011989400000121279000000001562700000119716300000000000048500003879530000000000000001124480000103000000000000972400000-1330620000-50135800000044500000000001310000013644000002894440000840724000002529900000-470510000-620947000074858000020050000768630000110570000879200000Re-measurement loss on defined benefit plans10700001070000Re-measurement loss on defined benefit plans-1590000-1590000270000-400000Net gain due to foreign currency translation differences92800009280000Net gain due to foreign currency translation differences2927000029270000001008000028080000AuditedtrueDeloitte Haskins and Sells LLPtrue2027-07-31