NEW DELHI: WeWork India Management reported a consolidated net loss after tax of ₹4.61 crore for the quarter ending June 30, 2026, compared to a net loss of ₹14.14 crore in the same quarter last year, as per a regulatory filing.
The company’s total consolidated income saw a 28.4% increase, reaching ₹700.74 crore in Q1 FY27, up from ₹545.71 crore in the previous fiscal’s corresponding quarter.
Revenue from operations was ₹698 crore for the quarter, reflecting a 28.5% year-on-year growth. Earnings before interest, tax, depreciation, and amortization (EBITDA) rose by 69.3% to ₹138.30 crore, with the EBITDA margin expanding by 478 basis points to 19.8%.
The company added around 7,000 desks during the quarter, bringing its operational portfolio to 79 centers across eight cities. The operational area totaled 9.1 million sq. ft., with a committed footprint of 12 million sq. ft., including signed leases and letters of intent.
Operational desk capacity increased by 17.1% year-on-year to approximately 1.34 lakh desks, with a membership growth of 29.9% from last year, totaling about 1.13 lakh members.
Portfolio occupancy was at 84.9%, with mature centers showing an occupancy rate of 87.5%. WeWork India plans to add nearly 28,000 desks in FY27 as part of its expansion strategy.
Free cash flow from operations surged by 176.1% year-on-year to ₹141.90 crore, while the company reported a return on capital employed of 28.6% and maintained a borrowing cost of 8.5%.
Sales velocity rose by 28.3% year-on-year to 12,700 desks, with the company delivering and signing managed-office mandates covering over 5.1 lakh sq. ft.
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