WeWork India Management Ltd has reported its financial results for the quarter ended September 2025 (Q2 FY26) on November 10, 2025, highlighting a mixed performance marked by strong revenue growth and a drop in profitability. The company’s consolidated net profit fell sharply to ₹6.4 crore, compared to ₹203.74 crore in the corresponding quarter last year, primarily due to a higher base effect from the previous year’s deferred tax credit.
Despite the dip in profit, total income rose to ₹585.54 crore in the July–September quarter, up from ₹499.47 crore in the same period a year ago. This reflects consistent demand for flexible office solutions among corporates across India’s major business hubs.
Expanding Footprint Across Major Cities
Launched in 2017, WeWork India provides flexible workspace solutions tailored for enterprises, startups, and professionals. The company currently operates 70 centres across eight cities, covering a total of 7.8 million square feet.
WeWork India has also announced significant expansion plans for the second half of FY26, with 11,000 desks under fit-out, 3,000 desks awaiting landlord handover, and 15,000 desks under letters of intent (LOIs). These additions are expected to increase the company’s total portfolio to 10 million sq. ft., reinforcing its leadership in India’s co-working and managed office segment.
Leadership Commentary
Karan Virwani, Chief Executive Officer and Managing Director of WeWork India, described the quarter as a “defining moment” for the company.
He added that WeWork India is transitioning from being purely a physical workspace provider to a comprehensive ecosystem of workspace solutions, services, and technology.
Market Presence and Outlook
Following its recent listing on the stock exchanges, WeWork India continues to strengthen its market presence, supported by steady revenue momentum and expansion across high-demand business districts. The company’s stock was last traded at ₹624.75 on 10 November 2025, with an intraday low of ₹620 and a high of ₹656.
With robust revenue growth, a clear path toward portfolio expansion, and a focus on technology-driven sustainability, WeWork India’s Q2 FY26 performance underscores its evolving position as a key player in India’s workspace transformation journey.
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In Summary:
WeWork India’s second-quarter results reflect the company’s ability to deliver consistent top-line growth while navigating profitability adjustments. As it scales towards a 10 million sq. ft. portfolio, its focus on innovation, technology, and sustainable workspace solutions continues to define the next phase of its growth story.
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