WeWork India H1FY25 result: Profit at Rs 174 crore, revenue Rs 961 crore

Q: How long will it take to read this news story?

The story "WeWork India H1FY25 result: Profit at Rs 174 crore, revenue Rs 961 crore" has 579 words across 27 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "WeWork India H1FY25 result: Profit at Rs 174 crore, revenue Rs 961 crore" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 259 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25868390</li><li>URL: https://chronographically.beamstart.com/news/wework-india-h1fy25-result-profit-17386368452471</li></ul>

Business Standard Logo Business Standard 5h ago

WeWork India H1FY25 result: Profit at Rs 174 crore, revenue Rs 961 crore - Business Standard

Quick Summary:

Co-working major WeWork India, which plans to launch an initial public offering (IPO), has posted a profit of Rs 174.13 crore in the first six months of this fiscal amid rising demand for premium flexible workspace.

Net debt of WeWork India Management Ltd, which filed preliminary papers with Sebi last week to float an IPO, stood at Rs 316.95 crore as on January 15, 2024, the DRHP said.

Total income stood at Rs 960.76 crore during the April-September period of the current 2024-25 financial year, according to the company's Draft Red Herring Prospectus (DRHP) filed with Sebi last week.