WeWork India reported a strong performance for the fourth quarter, with sharp growth in profit and steady improvement in revenue and operating performance on a year-on-year basis.
The company posted a net profit of ₹65 crore in Q4, marking a 78% increase compared to ₹37 crore reported in the corresponding quarter last year.
Revenue for the quarter rose 27% YoY to ₹705 crore, compared to ₹555 crore in the same period last year, supported by growth in workspace demand and occupancy levels.
EBITDA for the quarter came in at ₹459 crore, up 28% from ₹360 crore in the year-ago period. EBITDA margin remained largely stable at 65.1% versus 64.9% reported in the corresponding quarter last year.
The quarterly performance reflects continued growth in flexible office space demand across major business hubs, while stable margins indicate operational efficiency despite expansion and higher scale of operations.