StockWatch
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Diversified Commercial Services
Quarterly Result21 May 2026, 01:37 pm

WeWork India: FY26 Revenue Up 23.4% YoY to ₹2,477.4 Cr

AI Summary

WeWork India reported record FY26 results, with revenue increasing by 23.4% YoY to ₹2,477.4 Cr. The company achieved a positive net debt position for the first time at -₹11.7 Cr. Q4 revenue reached ₹709.9 Cr, up 28.6% YoY, with PAT scaling 8X since FY24. The company's credit rating was upgraded to A+. WeWork India's operational footprint spans 8.6 MSF across 76 centers in 8 cities, with a total committed footprint of 11.6 million sq ft. Portfolio occupancy hit an all-time high of 86.9%.

Key Highlights

  • FY26 revenue increased by 23.4% YoY to ₹2,477.4 Cr.
  • Q4 revenue rose to ₹709.9 Cr, a 28.6% YoY increase.
  • Company achieved a net debt negative position of -₹11.7 Cr.
  • Credit rating upgraded to A+ from A-.
  • FY26 PAT more than doubled, reaching ₹179 Cr.