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OYO PAT INCREASE
Oyo parent Prism gets shareholders’ nod for Rs 6,650 crore IPOOyo's parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 cro...- Oyo’s parent PRISM initiates an increase in authorised share capital ahead of potential IPOOyo's parent company, PRISM, is boosting its share capital. This move signals advanced preparations for its upcoming Initial Public Offerin...
- IPO-bound OYO’s unlisted shares jump 26% in a month, beating listed peers. Time to buy?Oyo's unlisted shares have surged 26% in the past month amid IPO buzz, outperforming listed peers. This surge is attributed to robust Q1 ea...
- Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 croreOyo has reported a profit after tax of over Rs 200 crore in the first quarter of fiscal year 2026, with revenue growing 47% to Rs 2,019 cro...
- Oyo becomes most profitable Indian startup in FY25 with Rs 623 crore profit: Founder Ritesh AgarwalOyo became India's most profitable startup in FY25 with a PAT of Rs 623 crore, up 172% YoY. It posted 27% growth in adjusted Ebitda and 20%...
- Oyo PAT rises nearly 6 times to Rs 166 crore in Q3Oyo reported a Q3 profit of Rs 166 crore, a 6x increase YoY. Revenue grew 31% to Rs 1,695 crore, driven by strong performance in India, US,...
- Peak XV downsizes $2.85 billion fund; Paytm’s employee costs go upHappy Wednesday! Peak XV Partners, formerly Sequoia Capital India, is cutting down the size of its 2022 fund by 16%. This and more in today...
- Oyo's GBV reached Rs 10,700 crore in FY24, co reports first time PAT of Rs 229 cr for last fiscalAs per new filings accessed by ET, Oyo's hotel count grew from 12,938 hotels at the end of financial year 2023 to 18,103 at the end of fina...
- Oyo reports first-ever PAT of Rs 229 croreOYO Net Profit: Oyo announced its first-ever profit after tax of Rs 229 crore for FY24, driven by consecutive growth in Adjusted EBITDA. Th...
- Oyo to use fresh funds for ‘enhanced business plan’ and global pushOyo's shareholder approval includes issuing Series G CCCPS shares, as per the scrutiniser's report, to raise funds and increase authorized ...
- Zepto’s mega fundraise; Oyo funding gets shareholder nodQuick commerce company Zepto has raised $665 million from new and existing investors. This and more on today’s ETtech Top 5.
- Oyo gets shareholder nod to raise Rs 417 crore via preference sharesMoody’s projects Oyo's EBITDA to reach $125 million in FY 2024-2025, inclusive of ESOP expenses. This outlook underscores the company's com...
- Oyo's funding to finance global expansion, acquisitions: filingsET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary...
- We had our maiden net profitable financial year at nearly Rs 100 cr: Oyo founder Ritesh AgarwalAgarwal had shared with employees in February that it has doubled its profit after tax (PAT) sequentially in quarter three of financial yea...
- JP Morgan extends Rs 200 crore credit facility to OyoJP Morgan has provided Oyo with a Rs 200 crore credit facility to support the expansion of Oyo's Accelerator Programme. Launched in March l...
- Oyo approaches SEBI to expedite IPO approvalOyo is keen to expedite its IPO approval and is said to have informed the regulator about a partial prepayment of $200 million of Oyo's out...
- Oyo clocks Rs 30-crore profit in Q3FY24, founder Ritesh Agarwal tells employeesPeople familiar with the matter said Agarwal stated that in the upcoming quarters, it anticipates a consistent rise in PAT, driven by ‘enha...
- Oyo expects consistent PAT rise in upcoming quarters, CEO Ritesh Agarwal tells employeesAgarwal shared the update about the two-fold increase in the company's profit during an employee town hall on Friday.
- Oyo to report maiden net profit of Rs 16 crore in ongoing quarterIn an email to the company’s top management, Agarwal said Oyo has published its annual accounts for FY23 and that it has achieved operation...
- In first try, Trifecta Capital overshoots Rs 300 crore targetFirm to exercise greenshoe option and raise Rs 200 crore more.
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