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The company would have slipped into loss if not for a deferred tax gain of INR 4.3 Cr, posting a loss before tax of INR 3.2 Cr during the year
The decline in profit came despite Innov8’s operating revenue surging 117% to INR 114.5 Cr in FY25 from INR 52.7 Cr in the previous fiscal year
Innov8 said in its annual report that its EBITDA zoomed 76% YoY to INR 30 Cr and EBITDA margin stood at 24%
Managed workspaces provider Innov8
, erstwhile OYO Workspaces India Pvt Ltd,…
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The company would have slipped into loss if not for a deferred tax gain of INR 4.3 Cr, posting a loss before tax of INR 3.2 Cr during the year
The decline in profit came despite Innov8’s operating revenue surging 117% to INR 114.5 Cr in FY25 from INR 52.7 Cr in the previous fiscal year
Innov8 said in its annual report that its EBITDA zoomed 76% YoY to INR 30 Cr and EBITDA margin stood at 24%
Managed workspaces provider Innov8, erstwhile OYO Workspaces India Pvt Ltd,…
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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