Archive · 10 Nov 2025
WeWork India Q2 Profit Plunges Amidst Revenue Growth
Imagine WeWork India rents out office spaces.
In the last three months, their profit went down a lot compared to last year.
Last year, they had a big boost because of some special tax money, making their profit look much higher.
But, this year, even though their profit is smaller, they actually made more money from renting out spaces than last year.
The company says this is a good sign because they are growing smartly and making more money from their operations.
They also plan to open more office spaces in the coming months, adding about 10,000 new desks to their locations.
They are also trying to be more than just a place to work, offering different services and technology to help businesses.
This shows they are focused on making profits in a sustainable way.
WeWork India reported a consolidated net profit of ₹6.4 crore for the quarter ended September 30, 2025, a significant decrease from ₹203.74 crore in the same period last year.
The prior year's profit included a deferred tax credit, contributing to a higher base effect for the current quarter's comparison.
Total income increased to ₹585.54 crore in Q2 FY26, up from ₹499.47 crore in the corresponding period of the previous fiscal year.
The company plans to expand its portfolio in the second half of FY26, aiming to add approximately 11,000 desks under fitout and increasing its total area to 10 million sq ft.
WeWork India's CEO highlighted record revenue and expanding margins as indicators of sustainable growth and profitability, emphasizing a shift towards a full-stack workspace solutions model.
- Who
- WeWork India Management Ltd
- What
- Reported a sharp plunge in consolidated net profit for Q2 FY26, despite an increase in total income. Also announced plans for significant portfolio expansion in the second half of the fiscal year.
- When
- Quarter ended September 30, 2025 (Q2 FY26) and November 10, 2025 (publication date)
- Where
- India (with presence in eight major cities)
- Why
- The net profit decline was attributed to a higher base effect from the previous year, which included a deferred tax credit. The company's CEO highlighted record revenue and expanding margins, positioning the results as a 'defining moment' towards profitability and sustainable growth.
Q2 FY26 Financials
H2 FY26 Expansion Plans
Profitability
Q2 FY26 Financials
Consolidated net profit for Q2 FY26 fell significantly to ₹6.4 crore, compared to ₹203.74 crore in the same period last year. The prior year's profit was boosted by a deferred tax credit.
H2 FY26 Expansion Plans
Despite the profit dip, the company's CEO highlights a 'first IndAS PAT-positive quarter' and record revenue, suggesting a focus on sustainable growth and profitability over immediate profit figures.
Financial Performance Indicators
Q2 FY26 Financials
Total income for Q2 FY26 rose to ₹585.54 crore from ₹499.47 crore in the prior year's corresponding period.
H2 FY26 Expansion Plans
The company is forecasting increased portfolio expansion in H2 FY26, with plans for approximately 11,000 desks under fitout, 3,000 desks awaiting landlord handover, and 15,000 desks under Letter of Intent (LOI), aiming to reach 10 million sq ft.
- Company
- WeWork India Management Ltd
- Quarter
- July-September 2025 (Q2 FY26)
- Net Profit (Q2 FY26)
- ₹6.4 crore
- Net Profit (Q2 FY25)
- ₹203.74 crore
- Total Income (Q2 FY26)
- ₹585.54 crore
- Total Income (Q2 FY25)
- ₹499.47 crore
- Operational Centers
- 70
- Total Area
- 7.8 million sq ft
