India · Delayed Price · Currency is INR WeWork India Management Earnings Call Transcripts
Fiscal Year 2026
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Record FY 2026 results with 23% revenue growth, 134% PAT increase, and net debt negative status. Strong demand from GCCs, BFSI, and telecom, with 36% capacity growth locked for FY 2027 and continued focus on reinvestment and margin expansion.
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Record revenue and profitability growth driven by strong demand, high occupancy, and managed office expansion. Margins and free cash flow improved, with disciplined CAPEX and a robust pipeline supporting future growth. Managed office share expected to rise to 30% of revenue in 24 months.
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Q2 FY2026 saw record revenue and profitability, with strong growth across all business segments and a robust expansion pipeline. Occupancy, margins, and cash flow improved, while net debt declined and digital initiatives advanced. Guidance targets 20%+ growth and further margin expansion.