Smartworks adds 1,100+ seats for LTTS in Pune, revenue about INR 55 Cr

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SMARTWORKS · price

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Price reaction · full curve 14 horizons · vs prior close

+9.9%1-day move

₹455.00

prior close

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base price

After-mkt

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AI summary

Smartworks expanded its LTTS engagement by adding 1,100+ seats in Pune on a 60-month tenure. LTTS portfolio with Smartworks now exceeds 2,750 seats, with combined expected rental revenue of about INR 115 Cr. Pune expansion alone contributes about INR 55 Cr. LTTS is a global AI and engineering services firm. Enterprise clients contribute around 90 percent of Smartworks revenue, and 1,000+ seat clients about 37 percent.

Likely market impact

Strengthens enterprise revenue base with 60-month cash flows. Reinforces leadership in large-format managed offices, likely positive for sentiment.