Announced Thu, 21 May · 13:12 IST

WeWork India Management Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat Growth 25pctExceptional ItemResults View source PDF

WEWORK · price

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AI summary

WeWork India Management Limited reported strong financial performance for FY26 with standalone revenue from operations growing 25.2% to Rs. 24,317.63 million from Rs. 19,418.10 million in FY25. The company swung from a loss of Rs. 1,548.79 million before tax in FY25 to a profit of Rs. 500.44 million in FY26. Consolidated PAT stood at Rs. 749.18 million compared to a loss of Rs. 1,281.85 million in the previous year. The company completed its IPO in October 2025 raising Rs. 29,996.43 million through offer for sale. Finance costs remained high at Rs. 6,011.80 million. The statutory auditor S.R. Batliboi & Associates LLP issued unmodified opinions on both standalone and consolidated financial results. Exceptional items of Rs. 42.94 million were recognized due to new Labour Code provisions.

Likely market impact

The results show a strong turnaround from losses to profitability with robust 25% revenue growth, indicating improved operational efficiency. However, high finance costs and substantial lease liabilities of Rs. 45,672 million remain areas to monitor. The successful IPO provides additional capital flexibility for the company.