India, Oct. 27 -- Flexible workspace provider WeWork India reported a 219% increase in its consolidated net profit to Rs.20.4 Cr in the September quarter of FY27 from Rs.6.4 Cr in the corresponding quarter of the previous fiscal year, as revenue growth outpaced the rise in expenses.

The company returned to profitability sequentially, compared with a net loss of Rs.4.1 Cr in Q1 FY27.

Operating revenue rose 33.6% to Rs.767.8 Cr from Rs.574.7 Cr a year earlier. Sequentially, it increased 12.3% from Rs.683.8 Cr.

Including other income and finance income, total income stood at Rs.786.4 Cr. Total expenses increased 32.4% to Rs.766.9 Cr from Rs.579 Cr in the year-ago quarter.

Separately, WeWork India reported an IGAAP-equivalent net profit o...