WeWork India posts record Q4 as occupancy hits 87%
Revenue climbed 29% to ₹710 crore while net profit surged 142% to ₹80 crore. Management expects earnings to grow faster than revenue through FY27.
— 4 earlier stories on Wework India Management Ltd. →What's new
- Q4 revenue rose 29% YoY to ₹710 crore; net profit reached ₹80 crore.
- Capacity targets set for 10.3-10.4 million square feet by March 2027.
- Management expects FY27 revenue growth to exceed 20%.
Why this matters
The company is converting high occupancy into bottom-line expansion. The shift toward AI-driven hiring and global capability centers provides a clear runway for growth through the end of the decade.
What we're watching
- Whether margins widen as the company scales capacity.
- The contribution of the new design-and-build business, Rivet.
- Actual capacity additions against the 10.4 million square feet target.
The full read
WeWork India closed its fourth quarter with ₹710 crore in revenue, a 29% increase over the prior year. Net profit reached ₹80 crore, marking a 142% jump. This gain followed an all-time high occupancy rate of 86.9%.
Management is now looking toward FY27. It expects revenue growth to exceed 20% with earnings growth outpacing the top line. The company plans to expand its footprint to 10.3-10.4 million square feet by March 2027. Beyond the core leasing business, the firm is diversifying into design-and-build services through its new unit, Rivet. The outlook remains tied to structural demand from global capability centers and AI-related hiring, which management expects to persist through the end of the decade.
Growth is accelerating. The results confirm that the business is scaling efficiently, with cost management becoming a clear contributor to the bottom line.
Questions answered
- What drove the 142% jump in net profit?
- Profit growth followed record occupancy of 86.9% and improved cost efficiency across the portfolio.
- What is the company's growth outlook for FY27?
- Management expects revenue to grow by more than 20% in the current fiscal year, with earnings projected to grow at a faster rate.
- What is the target for total capacity by March 2027?
- The company plans to reach a total capacity of 10.3-10.4 million square feet.
- What does management see as the primary demand drivers?
- Demand is sustained by hiring in the artificial intelligence sector and the expansion of global capability centers in India.
Story so far
All notes on WEWORK →- 27 May 2026 · 6:44 PM IST WeWork India posts record Q4 as occupancy hits 87%
- 6d ago WeWork India revenue jumps 28.6% in Q4; launches RIVET unit
- 6d ago WeWork India turns net debt negative, FY26 PAT more than doubles
- 6d ago WeWork India revenue climbs 25% in FY26, profit dips on tax base effect
- 6d ago WeWork India's Q4 profit jumps 72% but full-year net halves on tax base effect