5445702026-07-012026-09-305445702026-09-305445702026-03-315445702026-04-012026-09-305445702026-07-012026-09-30in-capmkt:OtherExpenses1Member5445702026-07-012026-09-30in-capmkt:OtherExpenses2Member5445702026-07-012026-09-30in-capmkt:OtherExpenses3Member5445702026-04-012026-09-30in-capmkt:OtherExpenses1Member5445702026-04-012026-09-30in-capmkt:OtherExpenses2Member5445702026-04-012026-09-30in-capmkt:OtherExpenses3Member5445702026-09-30OtherNoncurrentFinancialAssetsDomain15445702026-09-30OtherNoncurrentAssetsDomain15445702026-09-30OtherNoncurrentAssetsDomain25445702026-09-30OtherNoncurrentAssetsDomain35445702026-09-30OtherCurrentFinancialAssetsDomain15445702026-09-30OtherCurrentAssetsDomain15445702026-09-30OtherNoncurrentFinancialLiabilitiesDomain15445702026-09-30OtherNoncurrentFinancialLiabilitiesDomain25445702026-09-30OtherNoncurrentLiabilitiesDomain15445702026-09-30OtherCurrentFinancialLiabilitiesDomain15445702026-09-30OtherCurrentFinancialLiabilitiesDomain25445702026-09-30OtherCurrentLiabilitiesDomain15445702026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15445702026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25445702026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15445702026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares544570WEWORKNOTLISTEDINE085001019WeWork India Management LimitedMain BoardEquity2026-04-012027-03-312026-10-262026-09-28INRMillionsQuarterlySecond quarterSingle segmentManaged workspace provider and allied services2026-10-2619:15:002026-10-2620:50:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated76783800001860100007864390000844000000557900000174913000031424900002210610000766857000019582000001958200001140000-98000016000001956600000008690000204350000287000020722000020283300015200002840000300001388700000101.461.45001.461.453.The above unaudited consolidated financial results of WeWork India Management Limited (the "Company" or the "Holding Company"), its subsidiaries (the Company and its subsidiaries together referred to as "the Group") and its associate for the quarter and six months ended September 30, 2026, is drawn in accordance with the Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, which have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 26, 2026 and were subjected to review by the statutory auditors of the Holding Company. <br /> 4.These unaudited consolidated financial results has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. <br /> 5.On November 21, 2025, the Government of India has notified four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 ("Labour Codes"), which consolidate twenty-nine existing labour laws. The Ministry of Labour and Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group has assessed the financial implications of these changes which has resulted in estimated one time increase in provision for employee benefits of the Group amounting to Rs. 43.26 million and the same has been recognized as an exceptional item in the Statement of audited consolidated financial results for the year ended March 31, 2026. The Government of India is in the process of notifying related rules to the Labour Codes and impact of these will be evaluated and accounted for in accordance with applicable accounting standards in the period in which they are notified. <br /> 6.During the year ended March 31, 2026: <br /> The Company has completed its Initial Public Offering (IPO) comprising offer for sale of 46,296,296 equity shares of face value of Rs. 10 each aggregating to Rs. 29,996.43 million (which comprises of 59,523 number of equity shares offered to employees at premium of Rs. 578 per equity share and balance 46,236,773 number of equity shares offered at premium of Rs. 638 per equity share). The total proceeds on account of offer for sale is Rs. 29,996.43 million. <br /> The Company's equity shares were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on October 10, 2025. <br /> 7.During the quarter and six months ended September 30, 2026, the Holding Company has granted 439,510 and 4,68,896 Employee Stock Options respectively to eligible employees under the Equity Plan 2018 ("EIP 2018"), as approved by Nomination and Remuneration Committee. <br /> 8.During the quarter and six months ended September 30, 2026, the paid-up equity share capital of the Holding Company had increased from Rs.1,385.90 million to Rs.1,388.70 million and Rs.1,353.78 million to Rs.1,388.70 million pursuant to allotment of 279,961 and 3,492,205 equity shares respectively on exercise of stock options by employees. <br /> 9.The Group is primarily engaged in the business of managed workspace provider and provision for allied services which falls within a single reportable segment as the Board of Directors being the Chief Operating Decision Maker (‘CODM’) of the Holding Company views the entire business activities as managed workspace provider. Accordingly, there are no additional disclosures to be furnished in accordance with the requirements of Ind AS 108- Operating Segments with respect to single reportable segment. Further, the operations of the Group are domiciled in India and therefore there are no reportable geographical segment. The Group does not have any single external customer contributing to 10% or more of the Group's revenue. <br /> 10.During the year, the Holding Company has filed a scheme under section 66 read with section 52 of Companies Act, 2013, with the National Company Law Tribunal (NCLT) for reduction of share capital of the Holding Company. Pursuant to the scheme, the Holding Company shall adjust the accumulated losses of the Holding Company represented by the debit balance of Profit & Loss Account of Rs. 20,501.60 million as at March 31, 2026 presented under Retained Earnings by reducing Rs. 20,501.60 million from Securities Premium account.2026-04-012026-09-30UnauditedConsolidated1451670000035509000014871790000228000000011405100003510570000597028000040721800001471634000015545000001554500003090000-1750000134000001541100000009630000163740000-40400001597000001597700003970000-3990000-500001388700000101.151.14001.151.14Operating expenses1945330000Other expenses237710000Sub-contracting cost27570000Operating expenses3577740000Other expenses466870000Sub-contracting cost2757000014283940000451020000222100003821000011290000136750000448600000289664000029415000003077060000462680100006722999000011160000378683000069846000059540000577200000120898000058115300006455000006468190000736981800001388700000201560000034043000001637000034206700002745820000478298000005057562000012750000075089000051454010000115623000041470000712610000754080000152206300001713094000012847100004010500006800000188235000007027751000073698180000Other financial assets2896640000Right-of-use assets45030930000Income tax assets (net)1053390000Other non-current assets183690000Other financial assets1208980000Other current assets645500000Lease liabilities45203720000Other financial liabilities2626080000Other non-current liabilities750890000Lease liabilities7127520000Other current financial liabilities8093110000Other current liabilities1284710000The Company operates in a single reportable operating segment; therefore, information on operating segment performance and segment reconciliations under Ind AS 108 is not applicable.3510570000-286000013652000000114970000-4678500000010100000007038400005970280000087200000076195000000097040000-5254000000-246580000-445800000104995800001065503000000039343000001026160000000000000319000003637700000000000000000000000450900000-1937200000-5497910000000000171750000018953500001332360000001852400000-5880110000-5330610000-5669200000-56692000062646000059540000Re-measurement (loss) / gain on defined benefit plans3020000Share of other comprehensive income / loss of an associate-400002980000Re-measurement (loss) / gain on defined benefit plans-3910000Share of other comprehensive income / loss of an associate-80000-399000011000050000002870000-4040000