Overview
- WeWork India reported a large jump in March-quarter profit and revenue driven by higher occupancy and pricing discipline according to its Q4/FY26 disclosures.
- The company said operating free cash flow for the quarter was Rs 233.7 crore and it generated Rs 126 crore in free cash flow to firm despite ongoing capex for expansion.
- WeWork India closed the year in a net-debt-negative position at Rs 11.7 crore, an improvement from net debt of Rs 215.3 crore a year earlier, improving its balance sheet health.
- The firm's credit rating was upgraded and its reported cost of borrowing fell by 225 basis points to 8.5 percent, which management says lowers its funding cost and supports self-funded growth.
- Markets reacted strongly to the results with the stock reaching the 20 percent upper circuit, a regulatory one-day price cap, a move that reflects heightened investor confidence and could ease future access to capital.