Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Submission of Unaudited Financial Results
Date of Board Meeting / Approval: October 26, 2026
Audit Opinion: Unqualified (Limited Review Report states nothing has come to their attention to believe the statements contain any material misstatement)
Auditor’s Comment: The review was conducted in accordance with SRE 2410 and provides moderate assurance. The auditors did not express an audit opinion.
Key Financial Highlights [Unit: ₹ Million]
Standalone Results:
Revenue from Operations:
- Q2 Sep 2026: ₹7,653.04 (vs. Q2 Sep 2025: ₹5,730.30; +33.6% YoY)
- Q1 Jun 2026: ₹6,802.02
- H1 Sep 2026: ₹14,455.06 (vs. H1 Sep 2025: ₹11,069.84; +30.6% YoY)
Total Income:
- Q2 Sep 2026: ₹7,838.13
- H1 Sep 2026: ₹14,808.40
Net Profit:
- Q2 Sep 2026: ₹194.36 (vs. Q2 Sep 2025: ₹73.87; +163.1% YoY) (vs. Q1 Jun 2026: Loss of ₹45.82)
- H1 Sep 2026: ₹148.54 (vs. H1 Sep 2025: Loss of ₹72.21)
EPS [Not Annualized]:
- Basic EPS (Q2): ₹1.40
- Diluted EPS (Q2): ₹1.39
- Basic EPS (H1): ₹1.07
Other Equity:
- As of Sep 30, 2026: ₹2,076.58 million (vs. Mar 31, 2026: ₹1,698.55 million)
Cash and Cash Equivalents:
- As of Sep 30, 2026: ₹40.60 million (vs. Mar 31, 2026: ₹616.40 million)
Debt:
- Borrowings (Non-current + Current): ₹2,739.86M + ₹1,154.23M = ₹3,894.09 million (vs. Mar 31, 2026: ₹2,352.70M + ₹969.20M = ₹3,321.90 million)
- Lease Liabilities (Non-current + Current): ₹45,203.72M + ₹7,127.52M = ₹52,331.24 million
Consolidated Results:
Revenue from Operations:
- Q2 Sep 2026: ₹7,678.38
- H1 Sep 2026: ₹14,516.70
Net Profit:
- Q2 Sep 2026: ₹204.35
- H1 Sep 2026: ₹163.74
- Attributable to Owners of Parent (H1): ₹159.77
EPS [Not Annualized]:
- Basic EPS (Q2): ₹1.46
- Diluted EPS (Q2): ₹1.45
- Basic EPS (H1): ₹1.15
Other Equity:
- As of Sep 30, 2026: ₹2,015.60 million (Attributable to owners)
Cash and Cash Equivalents:
- As of Sep 30, 2026: ₹59.54 million
Segment-wise Performance:
The company operates in a single reportable segment: managed workspace provider and provision of allied services. No segment-wise breakdown is provided as it is a single segment entity. There are no reportable geographical segments, and no single external customer contributes 10% or more to revenue.
Corporate Actions:
Dividend: Not Specified
Share Issuance (ESOP):
- The paid-up equity share capital increased from ₹1,353.78 million (Mar 31, 2026) to ₹1,388.70 million (Sep 30, 2026).
- This was due to the allotment of 3,492,205 equity shares on the exercise of stock options by employees during the six-month period.
- 468,896 Employee Stock Options were granted under the Equity Incentive Plan 2018 in the first half.
Capital Reduction:
- The company has filed a scheme with the NCLT under Section 66 of the Companies Act, 2013 for a reduction of share capital.
- The scheme proposes to adjust accumulated losses (Retained Earnings debit balance) of ₹20,501.60 million (as of Mar 31, 2026) by reducing the Securities Premium account by the same amount.
Other Significant Information:
Capex Approval: The Board granted final approval for setting up a 10 MWp captive solar power plant in Karnataka. The estimated project cost is ₹34.25 crore. This follows an in-principle approval intimated on September 3, 2026.
Entities in Consolidation: The consolidated results include:
- Holding: WeWork India Management Limited
- Subsidiaries: WW Tech Solutions India Private Limited, Zoapi Innovations Private Limited
- Associate: MyHQ Anarock Private Limited
Exceptional Items: An exceptional item was recognized in the previous fiscal year (FY26) related to the Labour Codes, as mentioned above. There were no exceptional items in the current period.