SUMMARY
In a townhall meeting, founder and CEO Ritesh Agarwal told employees that OYO has become the “most profitable startup in the country”
The startup’s revenue grew 20% to INR 6,463 Cr from INR 5,388.7 Cr in FY24, on the back of a 54% YoY increase in its gross booking value
The SoftBank-backed startup’s adjusted EBITDA grew 27% to INR 1,132 Cr in FY25 from INR 889 Cr in the previous year
OYO’s net profit more than doubled year-on-year in FY25, with the hospitality major becoming the “most profitable startup…
