Wework India Management's Q2 FY 2025-26 Quarterly Results
- 06 Jan 2026
Result Summary
- Wework India Management Ltd reported a 7.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 17.2%.
- Its expenses for the quarter were up by 3.5% QoQ and 9.2% YoY.
- The net profit decreased 145.3% QoQ and decreased 96.9% YoY.
- The earnings per share (EPS) of Wework India Management Ltd stood at 0.47 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
Total Income | 585.54 | 545.71 | 499.48 | 7.3% | 17.2% |
Total Expenses | 579.02 | 559.47 | 530.39 | 3.5% | 9.2% |
Profit Before Tax | 6.51 | -13.75 | -30.91 | -147.3% | -121.1% |
Tax | -0.17 | 0.05 | -235.20 | -440.0% | -99.9% |
Profit After Tax | 6.41 | -14.14 | 203.74 | -145.3% | -96.9% |
Earnings Per Share | 0.47 | -1.05 | 16.04 | -144.8% | -97.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Wework India Management Ltd is a company that operates within the flexible workspace industry. As a part of a global network of shared workspaces, it provides services primarily focused on offering fully-equipped office spaces, co-working solutions, and community networking for businesses of various sizes. The company caters to freelancers, startups, small businesses, and large enterprises looking for flexible office solutions. While specific recent developments about Wework India Management Ltd are not detailed here, it is part of the broader WeWork entity, which has been undergoing restructuring and strategic realignment globally. The company has been adapting to evolving market demands in the flexible workspace sector, which has seen significant changes post-pandemic with an increased focus on hybrid work models.
Revenue
In the second quarter of fiscal year 2026 (Q2FY26), Wework India Management Ltd reported a total income of ₹585.54 crores. This represents a quarter-over-quarter (QoQ) increase of 7.3% from ₹545.71 crores reported in the first quarter of fiscal year 2026 (Q1FY26). Year-over-year (YoY), there was a 17.2% increase compared to ₹499.48 crores in the second quarter of fiscal year 2025 (Q2FY25). This growth in revenue reflects the company's performance over the specified periods. The revenue figures highlight the company's ability to generate higher sales or service income relative to its previous quarters and the same quarter in the previous year.
Profitability
In terms of profitability, Wework India Management Ltd reported a profit before tax (PBT) of ₹6.51 crores in Q2FY26, compared to a loss of ₹13.75 crores in Q1FY26. The profit after tax (PAT) for the same period was ₹6.41 crores, marking a significant improvement from the loss of ₹14.14 crores in the previous quarter. The year-over-year comparison shows a decline from a PAT of ₹203.74 crores in Q2FY25. Earnings per share (EPS) in Q2FY26 was ₹0.47, improving from a negative ₹1.05 in Q1FY26, but down from ₹16.04 in Q2FY25. These figures indicate the company's profitability trends over the quarters and highlight its financial recovery from losses in the immediate past while showing a decline compared to the previous year's second quarter.
Operating Metrics
Total expenses for Wework India Management Ltd stood at ₹579.02 crores in Q2FY26, up 3.5% from ₹559.47 crores in Q1FY26 and a 9.2% increase from ₹530.39 crores in Q2FY25. The tax expense was reported as a negative ₹0.17 crores in Q2FY26, which can be a result of adjustments or tax credits. These operational metrics provide insight into the company's cost management and tax strategies over different periods. The expenses data highlight the company's operational costs, while the tax figures suggest the tax liability or credit status during these quarters.