WeWork India posts Rs 17 Cr profit in Q3 FY26; revenue grows 29%

Managed office space provider WeWork India has announced its financial results for the third quarter of the ongoing fiscal year. The company posted a profit of Rs 17 crore in the period.

The company’s revenue from operations grew 29% year-on-year to Rs 634 crore in Q3 FY26 from Rs 492 crore in the same quarter last year, according to its financial statement sourced from NSE.

Other income contributed an additional Rs 10 crore, which drove its total income of Rs 644 crore for the quarter. For the nine-month period ending December 2025, the firm’s revenue increased 24% to Rs 1,744 crore from Rs 1,410 crore in the same period last year.

On the expense side, depreciation (lease-related) was the largest burn, which stood at Rs 246 crore, whereas employee benefits expenses increased to Rs 52 crore. Finance costs amounted to Rs 152 crore, which pushed the firm’s total cost to Rs 624.5 crore in the third quarter. 

WeWork posted a profit of Rs 17 crore in Q3 FY26 as compared to a loss of Rs 83 crore in Q3 FY25. For the nine months, the company’s profit stood at Rs 9 crore.

WeWork India made a flat debut on Indian stock exchanges, listed at Rs 650 per share, only 0.3% premium over its issue price of Rs 648. On BSE, the stock opened at Rs 646.5.

WeWork India’s shares are currently trading at Rs 561.40 (as of 11:12 AM), giving the company a total market capitalization of Rs 7,508 crore ($817 million).