WeWork India Q4 net profit rises 79% on strong revenue growth; shares hits 20% upper circuit

NSE filings showed that WeWork India’s consolidated net profits (attributable to the owners) surged 79% to ₹65.55 crore in the fourth quarter, compared with ₹36.51 crore in the same period a year earlier.

The company’s revenue from core operations advanced 29% to ₹696 crore in the March quarter, compared with ₹539 crore in the same period of the previous financial year, as per the consolidated statements.

Although the financing cost for the company went up in the period under review, the subcontracting cost reduced in the fourth quarter. With a presence across 8 cities, having 76 centres, WeWork India’s earnings before interest, tax, depreciation and amortisation (EBITDA) margin expanded 231 basis points to 23.2% in the fourth quarter.

The operations level EBITDA came in at ₹164.7 crore, marking a 42.8% growth year-on-year, as per the company disclosures.

The results also showed that the company’s earnings per share (EPS) expanded to ₹4.88 apiece in the March quarter, compared to ₹2.76 per share at the same period a year earlier.

WeWork India hits upper circuit

WeWork India shares surged 20% to hit their upper circuit of ₹584.15 after the company’s Q4 results announcement on Thursday, May 20, compared to the previous market close level of ₹486.80, as per NSE data.

Shares of WeWork India have lost more than 14% so far in 2026, and the stock has dropped 4.6% in the past one year period. The company’s shares were trading 5.4% higher over the last one week period.

The company’s shares surged to their 52-week high of ₹664 on November 3, 2025, while the 52-week low was at ₹420 on March 30, 2026, according to the exchange data. The company’s market capitalisation (m-cap) was at ₹8,041 crore as of the trading session on Thursday, May 21.