WeWork India Q1 FY27 revenue rises 28.5%, PAT at ₹53.2 Cr

[WeWork India Management](wework india management) reported a consolidated revenue of ₹698.0 crore for the quarter ended June 30, 2026 (Q1 FY27), an increase of 28.5% compared to ₹543.3 crore in the same period a year ago. The company delivered a Profit After Tax (PAT) of ₹53.2 crore, significantly higher than ₹8.4 crore in Q1 FY26. These unaudited financial results were approved by the Board of Directors on July 16, 2026. The unaudited standalone and consolidated financial results were reviewed by the Statutory Auditors.

Q1 FY27 Financial Highlights

The following table presents the key consolidated metrics for the quarter under Ind AS.

Metric:	Q1 FY27	Q1 FY26	Change (YoY)
Revenue from operations:	₹6,838.32 million	₹5,353.10 million	Increase
Total Income:	₹7,007.40 million	₹5,457.13 million	Increase
Total Expenses:	₹7,047.77 million	₹5,594.66 million	Increase
Net Loss:	₹40.61 million	₹141.47 million	Narrowed

Operational Performance

Operational Area Under Management (AUM) grew 18.5% year-on-year to 9.1 million square feet, with desk capacity reaching 133.6k desks. The company added 6.7k desks during the quarter. Portfolio occupancy stood at 84.9%, up 844 basis points YoY. Total members increased by 29.9% to 113.4k. The company sold 12.7k desks in Q1 FY27, recording its highest-ever monthly sales of 7.5k desks during the period.

Profitability and Cash Flows

EBITDA for the quarter was ₹138.3 crore, up 69.3% YoY, with an EBITDA margin of 19.8%, an expansion of 478 basis points. Free cash flows from operations were ₹141.9 crore, representing 1.03x EBITDA conversion. The Return on Capital Employed (ROCE) was 28.6%, an increase of 1,955 basis points compared to the same quarter last year. Net debt stood at ₹31.6 crore, down 89.4% YoY.

Corporate Actions and Approvals

The Board sanctioned the alteration of the Objects Clause of the Memorandum of Association to expand business activities through e-commerce marketplaces, digital commerce platforms, and technology-enabled channels. The Board also approved the reclassification of the authorised share capital from ₹10,00,00,00,000 divided into 85,75,05,674 Equity Shares and 14,24,94,326 Compulsorily Convertible Preference Shares to ₹10,00,00,00,000 divided into 1,00,00,00,000 Equity Shares of ₹10 each. Subject to shareholder and National Company Law Tribunal approval, the Board approved the reduction of share capital from the Securities Premium Account to set off accumulated losses of ₹20,501.60 million as of March 31, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.64%	-2.89%	+16.09%	+21.11%	+14.47%	+14.47%

WeWork India Management has announced expectations of strong growth in Q3 and Q4, according to a recent interview. The company's management shared this outlook, signaling confidence in its business performance for the upcoming quarters. While specific financial metrics were not detailed in the available source material, the commentary reflects a positive operational trajectory.

Growth Outlook for Q3 and Q4

The company's management communicated expectations of strong growth across Q3 and Q4 during the recent interview. This announcement underscores the company's confidence in sustaining and accelerating its business momentum through the latter half of the fiscal period.

Parameter:	Details
Quarters Referenced:	Q3 and Q4
Growth Expectation:	Strong Growth
Source:	Recent Interview

Key Takeaways

WeWork India Management expressed expectations of strong growth in both Q3 and Q4.
The outlook was shared through a recent interview by company management.
The announcement reflects positive sentiment regarding the company's near-term business performance.

The growth expectations announced by WeWork India Management highlight the company's confidence in its operational performance for Q3 and Q4. As further details and financial disclosures become available, stakeholders will be able to assess the extent to which these expectations are reflected in the company's reported results.