WeWork India shares hit 20% upper circuit on strong Q4 results

WeWork India's shares hit a 20% upper circuit of ₹585 on Thursday as March quarter profit after tax surged 142% year-on-year. The firm's revenue for the quarter jumped 28.6% to reach ₹709.9 crore. Managing Director Karan Virwani stated the company turned net debt negative for the first time while continuing to expand its footprint.