WeWork India Q2 FY27 Revenue Up 31.6% to ₹768.7 Cr
WeWork India reported strong Q2 FY27 financial results, with revenue increasing by 31.6% year-over-year to ₹768.7 Crore. EBITDA grew by 37.6% and Profit After Tax (PAT) surged by 67.4%. The company also achieved its largest-ever capacity expansion, adding 11.7k desks in Q2 and 18.4k in H1 FY27. Member growth outpaced capacity expansion, with a 32.5% YoY increase in members to 121.7k. Free Cash Flow from Operations saw a significant rise of 149.2% YoY. The company maintained an A+ credit rating and a cost of borrowing at 8.5%, demonstrating financial discipline amidst expansion. Enterprise demand, particularly from GCCs, contributed significantly to revenue, and digital product revenue also saw a substantial increase.
Key Highlights
- Q2 FY27 revenue rose 31.6% YoY to ₹768.7 Cr.
- EBITDA grew 37.6% YoY to ₹162.9 Cr; PAT surged 67.4% YoY to ₹65.8 Cr.
- Added record 11.7k desks in Q2, largest half-year openings in company history.
- Member base grew 32.5% YoY to 121.7k, outpacing capacity growth.
- Free Cash Flow from Operations increased 149.2% YoY to ₹237.7 Cr.
Price Impact
More from WEWORK