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.

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.

WeWork India Management Limited has appointed Deloitte Touche Tohmatsu India LLP as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment during a meeting held on May 21, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The board meeting, which commenced at 12:00 noon IST and concluded at 1:03 p.m. IST, sanctioned the appointment of the professional services firm. The appointment is specific to the upcoming financial year, effective from the date of the board meeting.

Auditor Profile

Deloitte Touche Tohmatsu India LLP (DTTILLP) serves as a member firm of Deloitte Touche Tohmatsu Limited. The firm provides a comprehensive range of services, including audit, assurance, tax, consulting, and financial advisory. Its internal audit services are designed to enhance organizational performance, strengthen governance, and manage risk effectively.

DTTILLP operates through 13 offices across India and serves leading corporates in various sectors, including Real Estate, Financial Services, Technology, and Government & Public Service.