WeWork India Q2 Profit Jumps 219% To ₹20 Cr, Revenue Rises 34% YoY
Flexible workspace provider WeWork India returned to strong profitability in the September quarter, reporting a consolidated net profit of ₹20.4 Cr, up 219% year-over-year, after a small loss in the prior quarter. Operating revenue rose 33.6% to ₹767.8 Cr. The company added a record 11,700 desks during the quarter, bringing its operational capacity to 145,300 desks across 85 centers in eight cities. EBITDA margins improved to 21.2% from 20.3% a year earlier.
Key points
- Returned to profitability with ₹20.4 Cr net profit in Q2 FY27
- Revenue grew 33.6% while expenses rose 32.4%
- Added record 11,700 desks, expanding capacity by 26.9% year-over-year
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