WeWork India posts 22% revenue jump, but net profit falls

Business Nov 10, 2025

WeWork India just posted a strong 22% jump in revenue for Q2 FY26, hitting ₹5,730 million thanks to its growing managed workspace business.
But here's the twist: net profit after tax dropped sharply—down 96% from last year—though the net profit before tax for the quarter stood at ₹73.87 million.

CEO Virwani on efficiency, profitability focus

While total income went up, expenses climbed too—mainly because of higher staff costs and depreciation.
Free cash flow stayed solid at ₹9540 million, and Return on Capital Employed improved to 22.2%.
CEO Karan Virwani said the team is doubling down on efficiency and profitability, noting a healthy 45% quarter-on-quarter boost in EBITDA despite the tough quarter.