MediumPositive
Announced Fri, 17 Jul · 10:18 IST
WeWork India Management shares slide 5%; Q1 loss narrows, revenue jumps 27% YoY
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
WeWork India Management reported a 27.74% YoY rise in Q1FY27 revenue to Rs 683.83 crore, while consolidated net loss narrowed sharply to Rs 4.31 crore from Rs 14.10 crore a year ago. Operational portfolio expanded 18.5% YoY to 79 centres covering 9.1 million sq ft, with memberships up 29.9% YoY to 113.4 thousand and free cash flow surging 176.1% YoY to Rs 141.9 crore. Despite the strong print, the stock slid 5% on Friday, with a premium P/E of 132.42 indicating valuation concerns.