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OYO EARNINGS PROJECTION
India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- 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...
- US drives a quarter of Oyo's FY25 revenue: Founder Ritesh Agarwal to leadersOyo's FY25 revenue landscape saw a significant shift with its US businesses, boosted by the G6 Hospitality acquisition, contributing 24% of...
- Oyo estimates Rs 1,100 crore PAT for FY26: Founder Ritesh AgarwalThe company expects Ebitda of Rs 2,000 crore for the same period, on the back of a strong top-line growth, buoyed by the recent Motel 6 acq...
- Hospitality startup Oyo readying to file IPO papers in first quarterAfter two previously shelved attempts, the hospitality company Oyo is reviving its initial public offering (IPO) plans, aiming to file draf...
- Oyo investors look to sell stake at $3.9-billion valuationHospitality startup Oyo’s early investors, such as Lightspeed Venture Partners, are in talks with family offices to divest a portion of the...
- Oyo completes G6 Hospitality acquisition from Blackstone Real Estate for $525 millionOyo has acquired G6 Hospitality, including Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million. This acquisition will...
- Oyo's share dips to Rs 55 despite strong second quarter profitsOyo's shares are currently trading at a discounted valuation despite the company reporting strong financial performance and projecting sign...
- OYO estimates EBITDA to cross Rs 2,000 cr in FY26 with Motel 6 acquisitionOYO's EBITDA is projected to exceed Rs 2,000 crore by 2025-26, driven by the acquisition of Motel 6. The travel tech company expects Motel ...
- Oyo projects three-fold rise in FY25 PAT at Rs 700 croreAccording to founder and CEO Ritesh Agarwal, Oyo achieved a net profit (PAT) of about Rs 132 crore in Q1 FY 2025, a turnaround from the Rs ...
- Oyo posted Rs 229 crore net profit in FY24, claims founder Ritesh AgarwalIn May, Agarwal had posted on X that the January-March quarter of 2024 was Oyo’s eighth consecutive quarter of positive Ebitda, while provi...
- 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 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...
- Ritesh Agarwal, founder of hotel chain OYO, invites PM Narendra Modi to his weddingRitesh Agarwal, the founder of Oyo Rooms, invited Prime Minister Narendra Modi to his wedding next month and shared pictures of their meeti...
- J&K Lieutenant Governor Manoj Sinha inaugurates 75 Oyo homestaysThe inauguration is a part of the ongoing Azadi Ka Amrit Mahotsav - an initiative of the Government of India to celebrate and commemorate 7...
- Oyo gets $100 million from China’s ride-hailing giant Didi ChuxingThis investment brings to a close Oyo’s $1 billion financing round, valuing it at $5 billion.
- Oyo will be the world's largest hotel chain by 2023: CEO Ritesh AgarwalOyo, which began with one hotel in Gurgaon in 2013, has grown to over 330,000 rooms in 500 cities globally. While India was its first playg...
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