DevX slipped into the red in Q3 FY26, posting a consolidated net loss of INR 1 Cr as against a profit of INR 69.5 Lakh in the same quarter last year

Including other income of INR 1.5 Cr, total revenue for the quarter stood at INR 60.7 Cr

The company had posted a profit of INR 1.8 Cr in the preceding September quarter of 2025

Coworking space provider DevX slipped into the red in the third quarter of the ongoing fiscal year (Q3 FY26), posting a consolidated net loss of INR 1 Cr as against a profit of INR 69.5 Lakh in the same quarter last year.

The company had posted a profit of INR 1.8 Cr in the preceding September quarter of 2025.

DevX’s revenue from operations increased 19% to INR 59.2 Cr in Q3 FY26 from INR 49.7 Cr in the corresponding quarter of the previous year. Sequentially, it rose 14.3% from INR 51.8 Cr in Q2 FY26

Including other income of INR 1.5 Cr, total revenue for the quarter stood at INR 60.7 Cr.

Meanwhile, total expenses rose 16.2% to INR 59.4 Cr from INR 51.1 Cr in the year-ago quarter.

(The story will be updated soon)