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WeWork posts Rs 575 Cr revenue and Rs 6 Cr profit in Q2 FY26

EntrackrEntrackr · 25d ago
WeWork posts Rs 575 Cr revenue and Rs 6 Cr profit in Q2 FY26
Medial

Managed office space provider WeWork India has announced its financial results for Q2 FY26 after debuting on Indian stock exchanges last month. The company posted a profit of Rs 6.4 crore in the second quarter. The company’s revenue from operations grew 23% year-on-year to Rs 575 crore in Q1 FY26 from Rs 469.5 crore in the same quarter last year, according to its financial statement sourced from NSE. Other income contributed an additional Rs 10.5 crore which drove its total income of Rs 585.5 crore for the quarter. On a half-yearly basis, the firm’s revenue increased 21% to Rs 1,110 crore in H1 FY26 from Rs 918 crore in H1 FY25. On the expense side, depreciation was the largest burn which stood at Rs 231 crore, whereas employee benefits expenses increased to Rs 48 crore. Finance costs amounted to Rs 153 crore which pushed the firm’s total cost to Rs 579 crore in the second quarter. WeWork’s profit decreased by 97% to Rs 6.4 crore in Q2 FY26 as compared to Rs 203 crore in Q2 FY25. (It's worth noting that the company had received a deferred tax credit of Rs 235 crore in Q2 FY25, which contributed a PAT of Rs 203 crore.) On a half-yearly basis, the company posted a loss of Rs 8 crore in H1 FY26 as compared to a profit of Rs 174.5 crore in H1 FY25. WeWork India’s Rs 3,000 crore initial public offering (IPO) was entirely an offer-for-sale (OFS), with the promoter entity, Embassy Buildcon LLP, selling shares worth Rs 2,294 crore, and 1 Ariel Way Tenant, an affiliate of WeWork Global, offloading shares valued at around Rs 706 crore. WeWork India made a flat debut on Indian stock exchanges, listed at Rs 650 per share, only 0.3% premium over its issue price of Rs 648. At the end of today’s trading session, WeWork India’s shares closed at Rs 623.9, giving the company a total market capitalization of Rs 8,361 crore ($942 million).

Wakefit posts Rs 724 Cr revenue in H1 FY26; turns profitable

EntrackrEntrackr · 4d ago
Wakefit posts Rs 724 Cr revenue in H1 FY26; turns profitable
Medial

Wakefit, the home and sleep solutions brand, filed its Red Herring Prospectus (RHP) on November 30, 2025, for its upcoming IPO. The company’s financials indicate steady performance in the first half of the current fiscal year ending March 31, 2026. Wakefit reported operating revenue of Rs 724 crore in H1 FY26, according to the financial statement included in the Red Herring Prospectus (RHP). The company added another Rs 17 crore from non-operating sources which pushed its total revenue to Rs 741 for H1 FY26. On the expense side, cost of material was the largest burn which accounted for 44% of the total expense which stood at Rs 313 crore in FY25. The company’s employee benefit expense stood at Rs 79.5 crore in H1 FY26. Finance cost and depreciation stood at Rs 15 crore and Rs 53 crore respectively. Overall, its total expense stood at Rs 706 crore for H1 FY26. Wakefit posted profit after tax (PAT) of Rs 35.5 crore in the first half of the ongoing fiscal year. Meanwhile, the company had posted a loss of Rs 35 crore in last year ending March 31, 2025. Its ROCE and EBITDA margin stood at 4.38% and 11.95% for the first half. On a unit basis, the company spent Rs 0.98 to earn a rupee of operating revenue in H1 FY26. The company recorded current assets worth Rs 229 crore, including Rs 23 crore in cash and bank balances. As per the RHP, Peak XV is the largest external shareholder with a 22.47% stake, followed by Verlinvest and Investcorp at 9.79% and 9.29%, respectively. SAI Global Investment holds 5.35%, while Elevation Capital and Paramark Fund own 4.68% and 1.63%. Among the promoters, Ankit Garg holds the largest stake at 33.03%, followed by Chaitanya Ramalingegowda with 9.98%. The Bengaluru-based firm has trimmed its IPO size from the earlier DRHP, which proposed a fresh issue of Rs 468 crore and an OFS of 5.84 crore shares. Now, the company plans to raise Rs 377.2 crore through a fresh issue of shares, along with an offer for sale (OFS) of 4.68 crore equity shares.

Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26

EntrackrEntrackr · 28d ago
Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26
Medial

Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26 Online beauty and fashion platform Nykaa has continued its strong growth in Q2 FY26, with its revenue from operations rising 25% year-on-year and profits surging 2.5X during the quarter ending September 2025. According to its financial statements sourced from the National Stock Exchange (NSE), Nykaa's revenue from operations grew to Rs 2,346 crore in Q2 FY26, compared to Rs 1,875 crore in Q2 FY25. On a half yearly basis, Nykaa’s operating revenue increased 24% to Rs 4,501 crore in H1 FY26 from Rs 3,621 crore in H1 FY25. The beauty segment accounted for 91% of the total revenue at Rs 2,132 crore, while the fashion segment contributed 8.7% of the operating income in the Q2 FY25. For Nykaa, the cost of materials constituted 56% of its total expenditure, rising to Rs 1,292 crore in Q2 FY26. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,297 crore during the quarter. Steady growth in its scale helped Nykaa achieve 2.5X increase in profit to Rs 33 crore in Q2 FY26, compared to Rs 13 crore in Q2 FY25. For the six months ended September 2025, the company’s profit doubled to Rs 57 crore in H1 FY26 from Rs 27 crore in H1 FY25. At the close of today's trading session, Nykaa's stock was priced at Rs 246, giving the company a market capitalization of Rs 70,375 crore ($8 billion).

Info Edge posts Rs 729 Cr revenue in Q2 FY26

EntrackrEntrackr · 1m ago
Info Edge posts Rs 729 Cr revenue in Q2 FY26
Medial

Info Edge (India) Ltd, the parent company of Naukri.com, 99acres, and Jeevansathi, reported a 12% increase quarter-on-quarter in its revenue to Rs 729 crore for the quarter ended September 2025. Revenue from Naukri.com accounted for 76% of the total income, which grew 11% to Rs 545 crore in Q2 FY26 from Rs 492 crore in Q2 FY25. Meanwhile, its real estate vertical, 99acres, recorded a 14% QoQ jump in revenues to Rs 122.4 crore in Q2 FY26. The other segment, which includes platforms such as Shiksha and Jeevansathi, saw the highest growth at 21%, reaching Rs 61.6 crore during the quarter. For the half-year ended September 2025, Info Edge’s total revenues grew 12% year-on-year to Rs 1,373.2 crore in H1 FY26 from Rs 1229.7 crore in H1 FY25. During the first half of FY26, recruitment solutions accounted for 74% of the revenue, which rose 10% to Rs 1,015.3 crore from Rs 923.4 crore in H1 FY25. 99acres rose 15.1% to Rs 216.8 crore in H1 FY26 from Rs 188.4 crore in H1 FY25. Meanwhile, the other verticals including Shiksha and Jeevansathi recorded a 19.7% growth to Rs 141.1 crore. Info Edge Ventures is also set to lead ShipGlobal’s pre-Series A round, investing in 2,143 preference shares for Rs 15 crore. Post this, Info Edge will hold 23.81% of ShipGlobal. Info Edge had also announced an investment of Rs 12 crore in its wholly-owned subsidiary, Zwayam Digital Private Limited, which operates in the SaaS space, offering sourcing and screening recruitment solutions. For the first quarter, the company’s operating revenue rose to Rs 791 crore in Q1 FY26 from Rs 677 crore in Q1 FY25, while its profit grew by 32% to Rs 343 crore in Q1 FY26, compared to Rs 259 crore in Q1 FY25. As of 15:15 PM, Info Edge is trading at Rs 1,347, down 1.5% from today’s opening price. The firm’s market capitalization stands at Rs 86,966 crore.

Go Digit posts Rs 2,088 Cr revenue in Q2 FY26, PAT spikes 30%

EntrackrEntrackr · 1m ago
Go Digit posts Rs 2,088 Cr revenue in Q2 FY26, PAT spikes 30%
Medial

Go Digit General Insurance Limited reported steady growth in the second quarter of FY26, with operating revenue (net premium) rising 10% to Rs 2,088 crore from Rs 1,891 crore in Q2 FY25. Its profit also grew 30%, crossing the Rs 100 crore threshold during the quarter. Net premiums written also saw a rise of 9% this quarter to Rs 2,109 crore in Q2 FY26 compared to Rs 1,928 crore in the same quarter last year, according to its quarterly results reported on the NSE. The firm’s income from investments grew significantly to Rs 320 crore in Q2 FY26, compared to Rs 284 crore in the second quarter of FY26, steered by a stronger investment portfolio performance. In the end, its total income for Q2 FY26 stood at Rs 2,408 crore, against Rs 2,175 crore in the corresponding quarter of the previous year. Go Digit experienced rising expenses in Q2 FY26, including commissions and brokerage costs, which amounted to Rs 603 crore. These expenses stood at Rs 573 crore in Q2 FY25. Employee benefits also saw a slight increase, with expenses totaling Rs 91.5 crore in Q2 FY26. These increases contributed to the overall 10% rise in the firm's expenses during the quarter to Rs 2,334 crore. In terms of claims, the company paid out Rs 1,098 crore in claims during Q2 FY26 against Rs 851 crore in Q2 FY25. There was also a change in outstanding claims, decreasing to Rs 426 crore in Q2 FY26 compared to Rs 483 crore in Q1 FY25. The company’s PAT (Profit after Tax) increased by 30% to Rs 116.5 crore in Q2 FY26 from Rs 89.5 crore in Q2 FY26. For the half year, the company’s profit rose 34% to Rs 255 crore in H1 FY26 from Rs 191 crore in H1 FY25. At the end of the day, Go Digit’s share price was trading at Rs 363.75 per share, giving the company a total market capitalization of Rs 33,586 crore ($3.8 billion).

Info Edge posts Rs 805 Cr revenue, Rs 347 Cr profit in Q2 FY26

EntrackrEntrackr · 23d ago
Info Edge posts Rs 805 Cr revenue, Rs 347 Cr profit in Q2 FY26
Medial

Info Edge, the parent company of Naukri and 99acres, reported a 15% growth in its operating revenue in the second quarter of the ongoing fiscal year (Q2 FY26), while its profit increased by 4X. The Noida-based company’s operating revenue rose to Rs 805 crore in Q2 FY26 from Rs 701 crore in Q2 FY25, according to documents sourced from the National Stock Exchange (NSE). Info Edge derives the majority of its revenue from Naukri.com, which contributed Rs 582 crore in the quarter ending June 2025, a 13% year-on-year growth compared to Q2 FY25. Meanwhile, revenue from 99acres reached Rs 115 crore. The company added another Rs 162 crore from interest on deposits and investment which pushed its overall revenue to Rs 967 crore in Q2 FY26. On a half-yearly basis, Info Edge’s operating revenue rose 16% to Rs 1,596 crore in H1 FY26 from Rs 1,377 crore in H1 FY25. On the expense side, Info Edge spent 60% of its overall expenditure on employee benefits, which increased 11% year-on-year to Rs 340 crore in Q2 FY26. Its advertising and internet costs stood at Rs 108 crore and 22 crore, respectively. The company’s overall cost grew 14% YoY to Rs 563 crore in Q2 FY26 from Rs 492 crore in Q2 FY25. Info Edge’s profit spiked by 4X to Rs 347 crore in Q2 FY26 mainly due to Rs 320 crore deferred tax deducted in the same period last year which resulted in the profit to be Rs 85 crore in Q2 FY25. For the six months ended September 2025, the company’s profit doubled to Rs 690 crore in H1 FY26 from Rs 343 crore in H1 FY25. As of 1:54 PM today, Info Edge is trading at Rs 1,356, up 1% from today’s opening price. The firm’s market capitalization stands at Rs 88,366 crore ($9.9 billion).

Groww posts Rs 471 Cr profit on Rs 1,019 Cr revenue in Q2 FY26

EntrackrEntrackr · 14d ago
Groww posts Rs 471 Cr profit on Rs 1,019 Cr revenue in Q2 FY26
Medial

Digital investment platform Groww India has announced its financial results for Q2 FY26. The company’s revenue declined by 9% in the second quarter; however, it posted a profit of Rs 471 crore in the same period. The company’s revenue from operations fell 9.4% year-on-year to Rs 1,019 crore in Q2 FY26 from Rs 1,125 crore in the same quarter last year, according to its financial statement sourced from NSE. Other income contributed an additional Rs 52 crore, which drove its total income to Rs 1,071 crore for the quarter. On a quarter-on-quarter basis, the company’s income rose by 13% from Rs 904 crore in Q1 FY26. However, for the six months period ending September 2025, the firm’s revenue decreased 9.5% to Rs 1,923 crore in H1 FY26 from Rs 2,126 crore in H1 FY25. On the expense side, employee benefit was the largest burn, accounting for 29% of the total expense. This cost was cut by 53% to Rs 124 crore in Q2 FY26 from Rs 264 crore in Q2 FY25. Finance costs and depreciation costs were other overheads which contributed to the total expense, which reduced by 37% to Rs 432 crore in Q2 FY26 from Rs 690 crore in Q2 FY25. Due to the decrease in the company’s expenses, Groww’s profit increased by 12% to Rs 471 crore in Q2 FY26 as compared to Rs 420 crore in Q2 FY25. On a half-yearly basis, the company’s profit increased by 12% to Rs 850 crore in H1 FY26 as compared to Rs 758 crore in H1 FY25. Groww made a strong debut on the Indian stock exchanges, listing at Rs 114 per share on the BSE, a 14% premium over its issue price. On the NSE, the stock opened at Rs 112. The company’s Rs 6,632 crore IPO comprised a fresh issue worth Rs 1,060 crore and an offer for sale of Rs 5,572 crore. According to exchange data, Groww’s IPO was oversubscribed 17.6 times, with the retail portion subscribed 9.43X, QIBs (excluding anchors) 22.02X, and Non-Institutional Investors (NIIs) 14.2X. Groww India’s share is trading at Rs 164, giving the company a total market capitalization of Rs 1,01,166 crore ($11.4 billion).

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