IPO-Bound WeWork India Narrows Q1 Loss By 51% To INR 14.1 Cr

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SUMMARY

As per its RHP, WeWork India’s operating revenue grew 19% to INR 535.3 Cr in Q1 FY26 from INR 448.7 Cr in the year-ago quarter

The rise in revenue was due to capacity expansion and proportional increase in billed workspaces, by total number of operational centres reaching 68 during the quarter under review as against 56 centres in Q1 FY25

WeWork India is looking to become the fifth major listed coworking space provider after Awfis, Smartworks, IndiQube, and DevX
 

IPO-bound coworking space provider WeWork India



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IPO-Bound WeWork India Narrows Q1 Loss By 51% To INR 14.1 Cr


SUMMARY

As per its RHP, WeWork India’s operating revenue grew 19% to INR 535.3 Cr in Q1 FY26 from INR 448.7 Cr in the year-ago quarter

The rise in revenue was due to capacity expansion and proportional increase in billed workspaces, by total number of operational centres reaching 68 during the quarter under review as against 56 centres in Q1 FY25

WeWork India is looking to become the fifth major listed coworking space provider after Awfis, Smartworks, IndiQube, and DevX
 

IPO-bound coworking space provider WeWork India



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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