WeWork India Adds 10,000 Desks in Q3, Targets 30,000 New Seats by FY27
Earnings
C
CNBC TV18•27-01-2026, 15:48
WeWork India Adds 10,000 Desks in Q3, Targets 30,000 New Seats by FY27
- •WeWork India added 10,000 desks in Q3 (Oct-Dec 2025), one of its highest quarterly additions, with year-to-date sales up nearly 40%.
- •The company currently operates 121,000 seats across 8.2 million sq ft, aiming for 130,000 seats by end of FY26.
- •WeWork India plans to add 25,000-30,000 seats in FY27, driven by enterprise deals and flexible office space expansion.
- •Adjusted revenue rose 9.6% sequentially to ₹634 crore, and adjusted EBITDA increased 13.7% to ₹134.6 crore in Q3 2025.
- •The company expects to fund majority of its ₹300-400 crore CapEx for FY27 through internal accruals, aiming for zero net debt by end of FY26.
Why It Matters: WeWork India shows strong growth, adding 10,000 desks in Q3 and projecting significant expansion by FY27.
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