| Metric | Value (₹ Cr) | vs Q2 FY26 |
|---|---|---|
| Revenue | 634.11 | 10.3% |
| Total Income | 643.82 | 9.9% |
| Expenditure | 624.54 | 7.9% |
| PBT | 14.95 | 129.6% |
| Net Profit | 16.79 | 162.1% |
| OPM | 63.59% | 2.54pp |
| NPM | 2.61% | 1.52pp |
| EPS | 1.25 | 166.0% |
WeWork India Reports Strongest Quarter Yet in Q3 FY26; Revenue at ~640 crores, EBITDA at $135 crore, PAT at 52 crore
27 Jan 2026 · 27 Jan, 11:16 am
Summary
WeWork India, one of India’s leading premium flexible workspace operators, announced a strong financial and operational performance for Q3 FY26. The Company reported revenue of 640.3 crore, up 27.0% year-on-year and 9.6% sequentially. IGAAP equivalent EBITDA increased to 134.6 crore, registering 47.6% year-on-year and 13.7% quarter-on-quarter growth. IGAAP equivalent PAT stood at 52 crore. The Company continued to strengthen its financial profile through disciplined capital deployment and improving unit economics.
Key Highlights
- 1
Revenue at ~640 crores, up 27.0% YoY and 9.6% QoQ
- 2
EBITDA at $135 crore, up 47.6% YoY and 13.7% QoQ
- 3
PAT at 52 crore, up 511.8% YoY and 32.3% QoQ
- 4
Free cash flow from operations rose to 203.8 crore
- 5
ROCE improved to 32.6%
- 6
Operational portfolio of 8.2 million sq ft across 73 centres in 8 cities
- 7
1.22 lakh desks under management with 83.9% occupancy
- 8
Enterprise clients contributed ~74% of revenue
- 9
Nearly 40% of incremental growth is already locked in through signed leases and LOls
Management Comments
Karan Virwani
Q3 FY26 represents our strongest quarter to date, with record revenue and EBITDA. Our PAT surged over 5x YoY, demonstrating accelerating profitability and the strength of our business model. Improved occupancy, higher contribution from mature centers, and WeWork India's strong enterprise demand have enabled us to expand EBITDA margins by 293 basis points YoY while maintaining operational discipline.
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