India, Sept. 29 -- IPO-bound coworking space provider WeWork India managed to trim its net loss by 51% to INR 14.1 Cr in the first quarter of the ongoing financial year (Q1 FY26) from INR 29.2 Cr in the same quarter last year, driven by robust top line growth.

The company's operating revenue grew 19% to INR 535.3 Cr in Q1 FY26 from INR 448.7 Cr in the year-ago quarter, as per its RHP. The rise in revenue was due to capacity expansion and proportional increase in billed workspaces. The company said that it expanded its operational centres to 68 during the quarter under review as against 56 centres in Q1 FY25.

Meanwhile, its desk capacity increased to 1.14 Lakh from 92,033 in Q1 FY25. Additionally, WeWork India also saw a 15% surge in its...