GK and monthly revision

IndiQube Spaces posts Rs 17 cr loss in Dec quarter on higher expenses

IndiQube Spaces, a co-working firm, reported a consolidated net loss of Rs 17.06 crore for the December quarter, up from Rs 13.72 crore a year prior. This was driven by increased expenses, despite a surge in total income to Rs 411.09 crore from Rs 280.48 crore. IndiQube manages over 9.55 million sq ft of space across 17 cities in India. This information is relevant for understanding the performance and growth of the co-working industry in India.