OYO’s Q4 Revenue To Surge 60% To INR 2,100 Cr: Ritesh Agarwal

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SUMMARY

In an email to OYO’s senior leadership team, Agarwal said that increase in quarterly revenue reflects OYO’s ability to drive sustainable and profitable growth

Excluding the contribution of US-based G6 Hospitality, acquired by OYO last year, the unicorn’s revenue is expected to grow 42% YoY to INR 1,886 Cr in Q4

OYO turned profitable in FY24, posting a net profit of INR 229 Cr. However, its revenue declined 1.3% YoY to INR 5,388.78 Cr

OYO founder Ritesh Agarwal expects the travel tech major’s Q4 FY25 revenue…



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OYO’s Q4 Revenue To Surge 60% To INR 2,100 Cr: Ritesh Agarwal


SUMMARY

In an email to OYO’s senior leadership team, Agarwal said that increase in quarterly revenue reflects OYO’s ability to drive sustainable and profitable growth

Excluding the contribution of US-based G6 Hospitality, acquired by OYO last year, the unicorn’s revenue is expected to grow 42% YoY to INR 1,886 Cr in Q4

OYO turned profitable in FY24, posting a net profit of INR 229 Cr. However, its revenue declined 1.3% YoY to INR 5,388.78 Cr

OYO founder Ritesh Agarwal expects the travel tech major’s Q4 FY25 revenue…



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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