From mint · T. Surendar · · 1m 20s
WeWork India bets on demand as premium office supply tightens
WeWork India targets growth amid tight premium office supply in India.
In brief
WeWork India targets growth amid tight premium office supply in India. WeWork India's September results show 31.6% revenue growth to ₹768.7 crore as premium office supply tightens. Originally reported by mint.
WeWork India CFO on office supply
WeWork India's CFO Clifford Lobo says Grade A office availability in India's eight largest cities will remain limited over the next two years.
“There is very limited capacity becoming available, at least over the next couple of years”
WeWork India September results
WeWork India's September-quarter revenue rose 31.6% year-on-year to ₹768.7 crore with Ebitda up 37.6% to ₹162.9 crore.
WeWork India's growth strategy
WeWork India added 11,700 desks in September quarter, its largest quarterly capacity addition.
WeWork India's first-half performance
WeWork India's first-half revenue increased 30.1% to ₹1,466.7 crore with net profit climbing 149.5% to ₹119 crore.
WeWork India's occupancy rates
WeWork India's portfolio occupancy stands at 83.7% with mature centres at 87.7%.
Flexible workspaces gain market share
Flex operators account for 24% of leasing across top seven cities in India's first half of 2026.
Office sector absorption
India's office sector recorded highest-ever half-yearly absorption of 45.5 mn sq ft in Q2 2026.
GCCs drive growth
WeWork India's GCCs contribute 40.8% of core revenue in September quarter.
WeWork India's demand strategy
WeWork India focuses on growing wallet share through services and higher revenue per desk.
“It's not enough to grow revenue just by adding more desks and we have to figure out a way to grow the wallet share”
The headline
WeWork India's September results show 31.6% revenue growth to ₹768.7 crore as premium office supply tightens.


