WeWork India Q2 FY27 Revenue Rises 32% YoY to ₹768.7 Cr; PAT Grows 67%
WeWork India reported Q2 FY27 revenue of ₹768.7 Cr, up 32% YoY. PAT grew 67% YoY to ₹65.8 Cr. The company added 11.7k desks, expanding capacity to 145.3k desks. Occupancy rose to 83.7%. The focus remains on branded workspaces as a resilient solution for Indian businesses.
The substantial growth in key financial metrics and expansion of operational capacity are material positive developments for the company and its stakeholders.
The company reported significant year-over-year growth in revenue, EBITDA, and PAT, along with an increase in operational capacity and occupancy, indicating strong business performance.
WeWork India Management Limited reported strong financial results for the second quarter and first half of FY27. For Q2 FY27, revenue grew 32% year-over-year (YoY) and 10% quarter-over-quarter (QoQ) to ₹768.7 crore. EBITDA increased by 38% YoY and 18% QoQ to ₹162.9 crore, with a margin of 21.2%. Profit After Tax (PAT) surged by 67% YoY and 24% QoQ to ₹65.8 crore.
In the first half of FY27, total revenue reached ₹1,466.7 crore, a 30.1% increase YoY. EBITDA for H1 FY27 was ₹301.2 crore, up 50.6% YoY, and PAT grew by 149.5% YoY to ₹119.0 crore.
The company added 11.7k desks in Q2, the largest half-year of openings in its history, bringing the total operational capacity to 145.3k desks across 85 centers in 8 cities. Member growth was robust at 32.5% YoY to 121.7k, with portfolio occupancy rising to 83.7%.
WeWork India's strategy focuses on branded workspaces as the most resilient form of flexible office solutions, catering to companies planning amidst market uncertainty and AI advancements. The company highlighted its market leadership, strong brand recall, and a comprehensive product suite designed for the Indian market.
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WeWork India Management Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by WeWork India Management Limited. Read the original for the full detail.