WeWork India Sees Profit Surge 219% To ₹20 Cr In Q2

Inc42 · startup

WeWork India reported a significant 219% jump in its consolidated net profit for the September quarter, reaching ₹20.4 crore. This surge was driven by revenue growth that outpaced expense increases, with operating revenue rising 33.6% year-on-year to ₹767.8 crore. The company also achieved its largest quarterly addition of desks, adding 11,700 to its operational capacity. This expansion, coupled with a growing member base, indicates a strong recovery and growth trajectory for the flexible workspace provider.