WeWork India Reports ₹52.89 Crore FY26 Profit, Q4 Income Reaches ₹715.35 Crore

WeWork India Management has reported a consolidated profit after tax of ₹52.89 crore for the financial year 2025-26, marking a steady performance for the flexible workspace operator. The company’s consolidated total income stood at ₹2,490.42 crore during FY26, according to its filing with the BSE.

For the fourth quarter of FY26, WeWork India reported consolidated total income of ₹715.35 crore, while profit after tax stood at ₹44 crore. The quarterly numbers reflect continued demand for flexible, managed and enterprise workspace solutions across major Indian office markets.

The company closed FY26 with 8.6 million sq ft of operational workspace across 76 centres in eight cities. Its total committed footprint stood at 11.6 million sq ft, including signed leases and letters of intent, recording 39 percent year on year growth. This expansion highlights the rising preference for flexible office models among enterprises, startups and growing businesses.

WeWork India’s operational desk capacity reached 1,26,900 desks, up 15.8 percent year on year. The company also reported 1,10,200 members, reflecting 31 percent annual growth. Portfolio occupancy stood at 86.9 percent, while mature centres recorded stronger occupancy of 88.9 percent.

Enterprise clients continued to remain a key growth driver for the company, contributing 77 percent of core revenue in Q4 FY26. During the year, WeWork India sold 48,000 new desks, with more than 50 percent of new desk sales coming from existing members expanding within its network.

The company also strengthened its financial position during the year. It closed FY26 in a net debt negative position of ₹11.7 crore, compared with net debt of ₹215.3 crore a year earlier. Free cash flow to firm stood at ₹126 crore, up 8.4 percent year on year, while the cost of borrowing declined by 225 basis points to 8.5 percent.

With strong occupancy, enterprise demand and a growing national footprint, WeWork India continues to benefit from the evolving office space market and the increasing adoption of flexible workspace solutions.