August 5, 2026
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WeWork India Q4 profit jumps 80%, FY26 revenue crosses Rs 2,440 crore

  • May 21, 2026
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WeWork India reported robust development in income and profitability within the fourth quarter of FY26, pushed by larger demand for managed workspace companies and improved operational effectivity. The

WeWork India Q4 profit jumps 80%, FY26 revenue crosses Rs 2,440 crore


WeWork India reported robust development in income and profitability within the fourth quarter of FY26, pushed by larger demand for managed workspace companies and improved operational effectivity.

The corporate’s consolidated income from operations rose 29.1% year-on-year to Rs 696 crore within the quarter ended 31 March 2026, up from Rs 539 crore in the identical interval a yr earlier. Whole earnings elevated to Rs 715.36 crore, together with Rs 9.54 crore in different earnings and Rs 9.75 crore in finance earnings.

Web revenue for the quarter climbed to Rs 66 crore from Rs 36.7 crore a yr earlier, whereas revenue earlier than tax stood at Rs 44 crore in contrast with a lack of Rs 13.4 crore in This autumn FY25.

WeWork India stated it’s primarily engaged in offering managed workspace and allied companies, which it identifies as its single reportable enterprise phase.

For the total monetary yr FY26, consolidated income from operations grew 25.2% to Rs 2,440 crore, in contrast with Rs 1,949 crore in FY25. For FY26, consolidated whole earnings rose to Rs 2,490.43 crore from Rs 2,024.00 crore within the earlier yr.

The corporate posted a full-year revenue earlier than tax of Rs 52.9 crore, reversing a lack of Rs 156.8 crore in FY25. For FY26, reported consolidated web revenue stood at Rs 74.9 crore, in contrast with Rs 128.2 crore within the earlier yr. Nevertheless, the corporate’s shareholder letter stated PAT greater than doubled on a pre-exceptional/IGAAP-equivalent foundation.

On a standalone foundation, WeWork India reported quarterly whole earnings of Rs 711.8 crore, up from Rs 551 crore in This autumn FY25. Income from operations elevated to Rs 692.9 crore from Rs 535.6 crore.

Standalone revenue earlier than tax got here in at Rs 42.2 crore in opposition to a lack of Rs 12.8 crore a yr earlier. Web revenue rose to Rs 64.4 crore, aided by deferred tax advantages, in contrast with Rs 37.5 crore in the identical quarter final yr.

The corporate’s earnings per share improved to Rs 4.88 primary and Rs 4.76 diluted on a consolidated foundation through the quarter, up from Rs 2.76 and Rs 2.74 respectively a yr earlier.

Depreciation and amortisation remained the corporate’s largest price element at Rs 267 crore in This autumn FY26. Worker profit bills stood at Rs 51 crore, whereas finance prices have been Rs 159 crore. Whole quarterly bills rose to Rs 672 crore.

WeWork India additionally reported stronger money technology through the yr. Consolidated money circulate from working actions elevated to Rs 1,734.13 crore from Rs 1,289.95 crore.

The corporate stated money outflows from financing actions have been largely linked to reimbursement of borrowings, lease liabilities and curiosity funds.

Its stability sheet expanded considerably through the yr, with whole property rising to Rs 7,092 crore as of 31 March 2026, in contrast with Rs 5,392 crore a yr earlier. Whole fairness attributable to homeowners of the dad or mum additionally elevated to just about Rs 298 crore.

Consolidated money and money equivalents stood at Rs 62.65 crore, up from Rs 23.56 crore.