Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 crore

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SoftBank-backed Oyo recorded a profit after tax (PAT) of over Rs 200 crore in quarter one of the current fiscal year, as per an email from founder Ritesh Agarwal to the company’s management committee and its shareholders. The email was seen by ET. In a separate notification sent to its shareholders and seen by ET, the company has sought approval to issue bonus shares in a 1:1 ratio, which will double its authorised share capital to Rs 24, 31, 13, 59, 300. It has also proposed increasing the ESOP pool by 8.8 crore stock options.

As per the email sent…



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Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 crore



SoftBank-backed Oyo recorded a profit after tax (PAT) of over Rs 200 crore in quarter one of the current fiscal year, as per an email from founder Ritesh Agarwal to the company’s management committee and its shareholders. The email was seen by ET. In a separate notification sent to its shareholders and seen by ET, the company has sought approval to issue bonus shares in a 1:1 ratio, which will double its authorised share capital to Rs 24, 31, 13, 59, 300. It has also proposed increasing the ESOP pool by 8.8 crore stock options.

As per the email sent…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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