WeWork recorded a consolidated net loss of ₹4.1 crore in Q1 FY27, marking a return to losses after three consecutive profitable quarters, according to inc42.com. The loss narrowed by 71% year-on-year from ₹14.2 crore in the same quarter last year. Operating revenue increased 28% to ₹683.8 crore from ₹535.3 crore in Q1 FY26, though it declined 2% sequentially from ₹696.1 crore in Q4 FY26.
The company’s total revenue for the quarter, including finance and other income of ₹16.9 crore, stood at ₹700.7 crore. EBITDA rose significantly by 31% year-on-year to ₹454.8 crore and surged 176% sequentially. Total expenses increased 5% quarter-on-quarter to ₹704.7 crore and were 26% higher than ₹559.5 crore in Q1 FY26. These figures are reported under Ind-AS accounting standards, as mandated by SEBI for listed companies.
Under the previous Indian GAAP standards, WeWork India reported a net profit surge of 533.3% to ₹53.2 crore for the quarter. EBITDA also grew 69.3% year-on-year to ₹138.3 crore, with EBITDA margins holding steady at 19.8%. Free cash flow from operations increased by 176% year-on-year, highlighting improved operational cash generation despite the consolidated net loss.
The company’s financial results reflect a complex performance mix with rising revenues and operational cash flow but a consolidated loss under Ind-AS. The next quarterly earnings report will provide further clarity on WeWork India’s trajectory amid evolving market conditions.