EFC (I) Ltd Q2 Profit Jumps 55% to Rs 57 Cr

New Delhi, Nov 12 (PTI) Co-working firm EFC (I) Ltd has reported a 55 per cent increase in its consolidated net profit to Rs 56.71 crore in the September quarter on higher revenue.

Its net profit stood at Rs 36.56 crore in the year-ago period.

Total income rose to Rs 256.81 crore in the second quarter of this fiscal from Rs 171.08 crore in the corresponding period of the preceding year, according to a regulatory filing.


Commenting on the results, Umesh Sahay, Chairman & Managing Director of EFC (I) Ltd, said the company is witnessing robust growth across all segments.

"In leasing, we have an OpCo-PropCo model with over 3.23 million sq ft AUM (asset under management) and are launching 'EFC Retail Spaces', targeting its first phase by January 2026. We have also been awarded a new Passport Seva Kendra in Pune and secured vendor registration with three major MNCs in the office furniture segment," Sahay said.

Founded in 2014, Pune-based EFC (I) Ltd provides managed office spaces, interior designing, and furniture manufacturing services, catering to over 600 corporates across more than 80 centres in 10 cities.