WeWork India Management Limited reported a 142% year-on-year surge in net profit to ₹79.6 Cr for Q4 FY26.

WeWork India Management Limited reported a 142% year-on-year surge in net profit to ₹79.6 Cr for Q4 FY26, driven by record occupancy and operational efficiency. Revenue from operations increased 29% to ₹709.9 Cr, while EBITDA rose 42.8% to ₹164.7 Cr, expanding the margin to 23.2%. The company turned net debt negative for the first time at -₹11.7 Cr, compared to a net debt of ₹215.3 Cr in the previous year, and secured a two-notch credit rating upgrade to A+. Financial Performance The company delivered broad-based growth across profitability and margin metrics for the full year ended March 31, 2026. Annual revenue from operations increased to ₹2,477.4 Cr from ₹2,007.3 Cr in the previous year. The annual standalone net profit was ₹179 Cr, more than doubling from the prior year. The EBITDA margin for the quarter expanded to 23.2% from 20.9% on a year-on-year basis. Metric Q4 FY26 Q4 FY25 (YoY) Revenue ₹709.9 Cr ₹551.9 Cr EBITDA ₹164.7 Cr ₹115.3 Cr Net Profit ₹79.6 Cr ₹32.9 Cr ROCE 45.1% 26.8% Operational Highlights WeWork India closed FY26 with an operational footprint of 8.6 million sq ft across 76 centres in 8 cities. Portfolio occupancy reached an all-time high of 86.9%, with mature centres standing at 88.9%. The company sold close to 48,000 desks during the year, representing 3.3 million sq ft of leasing, its highest ever 12-month velocity. Management attributed the growth to broad-based demand across sectors, with BFSI and telecommunications leading the way. Outlook and Strategy Management highlighted that the flex workspace category is being shaped by multiple structural tailwinds, including the AI demand wave, GCC build-out, flight to quality, and a shift away from long-term leases. The company noted that AI hiring in India is up 6x in six years, and flex stock is projected to grow 2.5x to 257 million sq ft by 2030. For FY27, the company expects to add approximately 28,000 seats, with capex estimated between ₹500 Cr and ₹600 Cr. WeWork India Management has reported its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results at its meeting held on May 21, 2026. The company posted a consolidated net profit of Rs 749.18 million for the fiscal year, marking a turnaround from the previous year's performance. Financial Performance Overview For the year ended March 31, 2026, the company reported revenue from operations of Rs 24,401.80 million, compared to Rs 19,492.11 million in the prior year. Total income for the year stood at Rs 24,904.28 million. On a standalone basis, revenue from operations was Rs 24,317.63 million, with a net profit of Rs 722.15 million for the year. Quarterly Results In the quarter ended March 31, 2026, the consolidated net profit was Rs 658.70 million. Revenue from operations for the quarter increased to Rs 6,960.63 million from Rs 5,393.67 million in the corresponding quarter of the previous year. The standalone net profit for the quarter was Rs 643.72 million. Key Financial Metrics The company's earnings per share (EPS) on a consolidated basis for the year was Rs 5.55 on a basic basis and Rs 5.40 on a diluted basis. For the quarter, basic EPS was Rs 4.88. The paid-up equity share capital of the company increased to Rs 1,353.78 million during the year pursuant to the allotment of equity shares on the exercise of stock options by employees. Parameter Year Ended March 31, 2026 Year Ended March 31, 2025 Consolidated Revenue from Operations Rs 24,401.80 million Rs 19,492.11 million Consolidated Net Profit Rs 749.18 million Rs 1,281.85 million Standalone Revenue from Operations Rs 24,317.63 million Rs 19,418.10 million Standalone Net Profit Rs 722.15 million Rs 1,305.03 million Basic EPS (Consolidated) Rs 5.55 Rs 9.63 The statutory auditors, M/s. S.R. Batliboi & Associates LLP, issued an audit report with an unmodified opinion on the standalone and consolidated financial results. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors. Disclaimer: The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information. This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences. The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates. We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk. This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use. By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided. We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.

Meta Business Agent is an AI-powered assistant designed to help businesses automate customer support, sales, scheduling and other operational tasks.

The European Commission is investigating the $111 billion Paramount-WBD deal.

U.S. entertainment giant sought EU approval under its Foreign SubsidiesRegulation.