Realty firm IndiQube Spaces has posted a net loss of Rs 23.88 crore for the quarter ended June.Its net loss stood at Rs 36.75 crore in the year-ago period.Total income rose to Rs 448.81 crore in the first quarter of this fiscal from Rs 324.12 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday.Its expenses increased to Rs 479.32 crore from Rs 374.08 crore during the period under review.Bengaluru-based IndiQube Spaces operates 137 coworking centres across 17 cities pan-India. It has 10.61 million sq ft area under management.
IndiQube Spaces Q1 loss narrows to Rs 24 cr
Realty firm IndiQube Spaces posted a net loss of Rs 23.88 crore for the quarter. Its total income rose to Rs 448.81 crore from Rs 324.12 crore in the prior year. Expenses increased to Rs 479.32 crore during the period under review. IndiQube operates 137 coworking centres across seventeen Indian cities. The company manages a total area of 10.61 million square feet.
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