WeWork India Administration Restricted, one of many nation’s main premium versatile workspace operators, reported its strongest quarter thus far, delivering document income and profitability for the three months ended September 2025 (Q2 FY26).

The corporate’s complete revenue rose to Rs 585.5 crore, a development of 17.2% year-on-year and seven.3% sequentially, pushed by sustained enterprise demand and excessive occupancy throughout its nationwide portfolio. IGAAP-equivalent EBITDA climbed to Rs 118.4 crore, up 45% quarter-on-quarter and 15.8% from a 12 months earlier, increasing margins to twenty.3%. IGAAP-equivalent revenue after tax stood at Rs 39.3 crore.

Underneath IndAS accounting requirements, WeWork India reported EBITDA of Rs 390.9 crore, translating to a 66.8% margin, and achieved its first-ever IndAS PAT-positive quarter with Rs 6.4 crore in revenue. The corporate generated Rs 95.4 crore in free money movement from operations and improved its Return on Capital Employed to 22%.

Final 12 months’s web revenue of Rs 203.7 crore was unusually excessive as a result of a one-time deferred tax credit score, which inflated the comparative base. Adjusted for that, this quarter displays a stable operational efficiency and improved profitability metrics.

Based in 2017, WeWork India at the moment operates 70 centres throughout 8 main cities, masking 7.7 million sq. ft. The corporate plans to develop additional within the second half of FY26, with 11,000 desks beneath fit-out, one other 3,000 awaiting landlord handover, and 15,000 beneath letters of intent. This may take its managed portfolio to just about 10 million sq. ft, reinforcing its management in India’s premium versatile workspace phase.

Karan Virwani, CEO and Managing Director, mentioned, “With document income, increasing margins, and our first IndAS PAT-positive quarter, we’ve demonstrated that flexibility and profitability can coexist at scale. This quarter displays robust enchancment in working leverage and profitability, with IGAAP EBITDA up 45.0% QoQ and ROCE strengthening to 22.2%. We’re evolving past bodily areas right into a full-stack ecosystem of workspace options, companies, and know-how. WeWork India is creating sustainable environments that empower organisations and affect communities to do their greatest work.”