Indiqube Spaces Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Indiqube Spaces Limited reported annual revenue from operations of Rs. 14,508 million for FY26, up 37% from Rs. 10,593 million in FY25, driven by growth in the managed workspace business. However, the company continued to incur losses with Loss After Tax of Rs. 1,063 million, though this improved significantly from FY25 loss of Rs. 1,396 million. Basic and diluted EPS stood at Rs. (5.28) versus Rs. (7.65) in the prior year. The auditors (Walker Chandiok & Co LLP) issued an unmodified (clean) opinion on the financial statements. The company listed on NSE and BSE in July 2025 via IPO, and is now seeking shareholder approval to vary the utilization of IPO proceeds.
Despite strong revenue growth and reduced losses, the company remains loss-making with negative operating cash flow, which raises concerns about near-term profitability and cash sustainability. The clean audit opinion provides some comfort on financial reporting quality.