The Economic Times

Five listed flex office operators posted combined revenue of over Rs 2,250 crore in Q1 FY27

Flex office operators in India achieved over Rs 2,250 crore revenue in Q1 FY27. Revenue growth for these companies ranged between 26% and 44% year-on-year. Three operators reported profits, while others significantly narrowed their losses during the quarter. Enterprise demand and GCC expansion are strengthening the sector's dependence on corporate relationships. The market is entering a mature phase, focusing on efficient scale and sustainable margins.