WeWork India Management Share Price

Newspaper Publication of Unaudited Financial Results for Q1 FY27

• BSE India
• 1 day 11 hours ago

Conference Call with WeWork India Management and Analysts on Q1FY27 Performance and Outlook. Listen to the <a href="https://youtu.be/th0PnWyFXvw">full earnings transcript</a>. <br>

• Trendlyne
• 2 days 12 hours ago

<h3><span style="font-size:16px;"><strong>Special Consumer Services company WeWork India Management announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Total Income:</strong> The company reported a total income of Rs 7,007.40 million in Q1FY27, representing a YoY increase of 28.41% compared to Rs 5,457.13 million in Q1FY26 and a QoQ decrease of 2.04% compared to Rs 7,153.56 million in Q4FY26.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Revenue from Operations:</strong> Revenue from operations for Q1FY27 stood at Rs 6,838.32 million, a growth of 27.74% YoY from Rs 5,353.10 million in Q1FY26 and a marginal decline of 1.76% QoQ from Rs 6,960.63 million in Q4FY26.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Net Profit/(Loss):</strong> The consolidated loss for the period was Rs 40.61 million in Q1FY27, showing an improvement from a loss of Rs 141.47 million in Q1FY26. This reflects a shift from a profit of Rs 658.70 million in Q4FY26.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Profit/(Loss) Before Tax:</strong> The loss before tax for Q1FY27 was Rs 39.43 million, narrowing from a loss of Rs 140.98 million in Q1FY26, compared to a profit before tax of Rs 440.06 million in Q4FY26.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Other Income:</strong> Other income reached Rs 73.63 million in Q1FY27, growing significantly from Rs 5.91 million in Q1FY26, but down from Rs 95.42 million in Q4FY26.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Earnings Per Share (EPS):</strong> Basic and Diluted EPS for Q1FY27 was negative Rs 0.31, compared to negative Rs 1.05 in Q1FY26 and a positive Rs 4.88 in Q4FY26.</li> </ul> <p _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Total Income:</strong> Standalone total income was Rs 6,970.27 million in Q1FY27, an increase of 28.06% YoY from Rs 5,442.93 million in Q1FY26 and a decrease of 2.07% QoQ from Rs 7,117.69 million in Q4FY26.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Revenue from Operations:</strong> Standalone revenue from operations reached Rs 6,802.02 million in Q1FY27, marking a YoY growth of 27.39% from Rs 5,339.54 million in Q1FY26 and a QoQ decline of 1.83% from Rs 6,928.46 million in Q4FY26.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Net Profit/(Loss):</strong> The standalone loss for Q1FY27 was Rs 45.82 million, showing an improvement over the loss of Rs 146.08 million in Q1FY26. This is a shift from the standalone profit of Rs 643.72 million reported in Q4FY26.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Profit/(Loss) Before Tax:</strong> Loss before tax stood at Rs 45.82 million in Q1FY27, compared to a loss of Rs 146.08 million in Q1FY26 and a profit of Rs 422.01 million in Q4FY26.</li> </ul> <p _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Reduction of Share Capital:</strong> The Board approved the utilization of the balance in the Securities Premium Account to fully set off accumulated losses of Rs 20,501.60 million as appearing in audited financial statements for the year ended March 31, 2026. As of that date, the Securities Premium Account stood at Rs 21,589.99 million.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Alteration of Objects Clause:</strong> The Board approved the expansion of its scope to expressly provide for business activities through e-commerce marketplaces, digital commerce platforms, mobile applications, and other technology-enabled channels.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Reclassification of Capital:</strong> The Board approved the reclassification of the authorized share capital of Rs 10,00,00,00,000 (Rupees One Thousand crore). The current structure (Equity and Compulsorily Convertible Preference Shares) is to be converted into 1,00,00,00,000 (One Hundred crore) Equity Shares of Rs 10 each.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">Equity Share Capital Increase:</strong> During Q1FY27, the paid-up equity share capital of the company increased from Rs 1,353.78 million to Rs 1,385.90 million following the allotment of 3,212,244 equity shares to employees on the exercise of stock options.</li> <li _ngcontent-ng-c1517154722=""><strong _ngcontent-ng-c1517154722="">ESOP Grant:</strong> During Q1FY27, the company granted 29,386 Employee Stock Options to eligible employees under the Equity Incentive Plan 2018.</li> </ul> <p><strong>Karan Virwani, Managing Director & CEO, WeWork India, said:</strong> “We entered FY27 from a position of strength, supported by healthy demand visibility, a growing enterprise pipeline and a business model that continues to demonstrate operating leverage at scale. The demand signals we saw through FY26 gave us the confidence to begin investing ahead of demand, and Q1 marked the start of that next growth cycle. While these investments naturally moderate near-term sequential comparisons, they strengthen our ability to support long-term customer demand across our network. Even as we accelerated capacity additions during the quarter, we maintained healthy occupancy, resilient margins and strong cash generation, reinforcing the strength of our operating model.</p> <p>At the same time, we strengthened our value proposition with the launch of Member Services on July 15, 2026. Extending our platform beyond workspace, Member Services gives our members a single destination to access a curated network of trusted business partners, enterprise-grade solutions and exclusive commercial benefits across our network.</p> <p>With India emerging as a global hub for GCCs and AI-led innovation, and enterprises increasingly seeking agile and scalable workplace solutions, we believe the structural tailwinds for flexible workspaces remain strong, positioning WeWork India well for its next phase of growth.”</p> <p><a class="lb" href="/get-document/post/pdf/5733936/" target="_blank">Result PDF</a></p>

• Trendlyne
• 2 days 13 hours ago