WeWork India’s FY24 Revenue Zooms 27% To INR 1,665 Cr

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SUMMARY

The coworking space provider reported a 26.7% increase in its revenue from operations to INR 1,665.14 Cr from INR 1,314.52 Cr

It managed to trim its loss by 7.5% to INR 135.77 Cr in the fiscal year 2023-24 (FY24) from INR 146.81 Cr in the previous year

The company’s improving top line partially led credit rating agency ICRA to revise its rating for WeWork India to A- from BBB

Coworking space provider WeWork India managed to trim its loss by 7.5% to INR 135.77 Cr in the fiscal year 2023-24 (FY24) from INR 146.81 Cr in…



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WeWork India’s FY24 Revenue Zooms 27% To INR 1,665 Cr


SUMMARY

The coworking space provider reported a 26.7% increase in its revenue from operations to INR 1,665.14 Cr from INR 1,314.52 Cr

It managed to trim its loss by 7.5% to INR 135.77 Cr in the fiscal year 2023-24 (FY24) from INR 146.81 Cr in the previous year

The company’s improving top line partially led credit rating agency ICRA to revise its rating for WeWork India to A- from BBB

Coworking space provider WeWork India managed to trim its loss by 7.5% to INR 135.77 Cr in the fiscal year 2023-24 (FY24) from INR 146.81 Cr in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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