OYO Retains Profitability In FY25 On Deferred Tax Gain

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SUMMARY

The IPO-bound company posted a net profit of INR 244.8 Cr in FY25, up 7% from INR 229.6 Cr

OYO’s profitability came on the back of deferred tax gain of INR 765.6 Cr, excluding which it would have reported a loss of INR 489.3 Cr in the fiscal

OYO assumed the corporate identity of ‘PRISM Life’ for its parent brand as it looks to expand into new categories

Hospitality major OYO, which is making preparations for filing its DRHP, posted a net profit of INR 244.8 Cr in FY25, up 7% from INR 229.6 Cr in its maiden…



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OYO Retains Profitability In FY25 On Deferred Tax Gain


SUMMARY

The IPO-bound company posted a net profit of INR 244.8 Cr in FY25, up 7% from INR 229.6 Cr

OYO’s profitability came on the back of deferred tax gain of INR 765.6 Cr, excluding which it would have reported a loss of INR 489.3 Cr in the fiscal

OYO assumed the corporate identity of ‘PRISM Life’ for its parent brand as it looks to expand into new categories

Hospitality major OYO, which is making preparations for filing its DRHP, posted a net profit of INR 244.8 Cr in FY25, up 7% from INR 229.6 Cr in its maiden…



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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