WeWork India Management Limited has reported a record revenue of ₹585.5 crore for the second quarter of FY26, reflecting a 17.2% year-on-year increase and a 7.3% rise sequentially. This surge is attributed to strong enterprise demand and high occupancy rates across its national portfolio. The company's IGAAP equivalent EBITDA also showed substantial growth, rising to ₹118.4 crore, with a margin of 20.3%, marking a 45.0% increase quarter-on-quarter. Additionally, WeWork India achieved its first ever IndAS PAT-positive quarter, reporting ₹6.4 crore, signaling a significant shift toward sustained profitability.

WeWork India's operational metrics reinforce its position as a leader in the flexible workspace sector. The company's operational portfolio now spans 7.7 million square feet across 70 centers in 8 cities, with an occupancy rate of 80.2%. Remarkably, enterprise clients contributed approximately 73% of total revenue, while the renewal rate for memberships stood at 78%. The company also reported 13,972 installs for its new app, reflecting its commitment to enhancing customer experience through technology. With ongoing efforts in sustainability, WeWork India aims for 100% renewable energy by 2027 and a 90% waste diversion goal by 2028.

CEO Karan Virwani emphasized the company's dual focus on flexibility and profitability, stating that the latest results demonstrate the growth potential of a tech-enabled workspace model in India. As WeWork India enters the second half of FY26, it plans to expand significantly, with about 11,000 desks under fit-out and another 15,000 desks under letter of intent. This growth strategy aims to enhance its presence in premium micro-markets while scaling its digital ecosystem and value-added services, thereby driving sustainable growth in the competitive flexible workspace landscape.