OYO: Oyo PAT rises nearly 6 times to Rs 166 crore in Q3

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Travel tech unicorn Oyo recorded a profit after tax (PAT) of Rs 166 crore in the third quarter ended December, up nearly six times from Rs 25 crore in the year-ago period, sources said. The company’s revenue in the third quarter rose to Rs 1,695 crore, growing almost 31 per cent from Rs 1,296 crore a year earlier, marking a turnaround from the flat topline growth seen in FY24.

According to documents accessed by PTI, the company achieved an adjusted EBITDA of Rs 249 crore in the October-December period of FY25, registering a 22 per cent increase…



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OYO: Oyo PAT rises nearly 6 times to Rs 166 crore in Q3


Travel tech unicorn Oyo recorded a profit after tax (PAT) of Rs 166 crore in the third quarter ended December, up nearly six times from Rs 25 crore in the year-ago period, sources said. The company’s revenue in the third quarter rose to Rs 1,695 crore, growing almost 31 per cent from Rs 1,296 crore a year earlier, marking a turnaround from the flat topline growth seen in FY24.

According to documents accessed by PTI, the company achieved an adjusted EBITDA of Rs 249 crore in the October-December period of FY25, registering a 22 per cent increase…



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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