India, July 16 -- WeWork recorded a consolidated net loss of Rs.4.1 Cr in Q1 FY27, slipping back into losses after three consecutive profit-making quarters. However, it managed to reduce its loss by 71% YoY from Rs.14.2 Cr loss incurred in the same period previous year.

Operating revenue rose 28% to Rs.683.8 Cr from Rs.535.3 Cr in Q1 FY26. However, the company's top line shrunk by 2% sequentially from Rs.696.1 Cr in Q4 FY26.

Including finance and other income of Rs.16.9 Cr, WeWork's total revenue for Q1 amounted to Rs.700.7 Cr.

That said, its EBITDA for the period increased significantly to Rs.454.8 Cr, 31% higher on a YoY basis and 176% higher on a sequential basis.

The company spent Rs.704.7 Cr in total, 5% higher than its total exp...