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ININDIQUBE

Indiqube Spaces Q2 FY26 results (Jul–Sep 2025) and concall

Services · Concall AI · Call held 10 Nov 2025

IndiQube Spaces Limited reported strong Q2 FY26 results with significant year-on-year growth in revenue and EBITDA, driven by healthy occupancy levels and increased contribution from value-added services. The company achieved an 8% PAT margin and more than doubled its operating cash flow. Management outlined strategies for continued expansion in Tier 1 and Tier 2 cities, focusing on build-to-suit and renovated properties, while maintaining a strong client retention rate and targeting free cash flow positivity by FY27.

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What they filed

Q2 FY26: revenue up 38.9%, net profit up 43.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue252 268 297 309 350 +39%
EBITDA145 158 170 188 208 +43%
Net profit-53 -14 -31 -37 -30 +43%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.