Searched for
OYO FINANCIAL PERFORMANCE
Oyo parent Prism Hotels receives Sebi nod for IPOPrism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds fo...- IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
- 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 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...
- IPO-bound Oyo to consider 1:1 bonus issue; unlisted shares rise 25% in 1 monthOravel Stays Ltd (Oyo), gearing up for its IPO, has revealed that its board will deliberate on issuing bonus shares at a ratio of 1:1. This...
- Oyo secures board nod to file for IPO with stronger financial outlook: SourcesOyo has received board approval to pursue a fresh IPO filing, highlighting improved Q1 results and FY25 EBITDA of ₹1,100 crore. Bankers pro...
- Oyo's board approves IPO planHospitality chain Oyo, backed by a board including industry veterans, is preparing for a fresh IPO filing after two previous attempts were ...
- 5 banks to present Oyo's IPO plans to SoftBank in London meetingOyo is gearing up for a potential IPO, engaging with investment banks like Goldman Sachs and ICICI Securities to present strategies to Soft...
- 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 elevates Sonal Sinha as CEO of newly acquired G6 HospitalityOyo has appointed Sonal Sinha as CEO of G6 Hospitality, the American motel company it recently acquired. This addition is expected to bring...
- 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...
- 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...
- Not Shimla or Manali, OYO’s Ritesh Agarwal surprised by the hill stations that took the lead in New Year bookingsOYO Rooms' founder, Ritesh Agarwal, has revealed that several lesser-known hill stations and spiritual destinations saw a dramatic surge in...
- Ritesh Agarwal to invest Rs 550 crore to increase his shareholding in OyoOyo's CEO, Ritesh Agarwal, is increasing his stake in the company by purchasing an additional Rs 550 crore worth of shares. This move comes...
- 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...
- Ankit Gupta, Mandar Vaidya move on from Oyo"We are proud of their achievements at Oyo and are thankful for their leadership. Both roles were already transitioned six months ago to Va...
- Oyo clocked adjusted ebitda of Rs 175 crore in Q1, CEO Ritesh Agarwal tells employeesOyo had reported its maiden EBITDA positive quarter in an addendum filed with Sebi for its IPO reporting a Rs 7 crore adjusted EBITDA in qu...
- Oyo to refile updated DRHP with Sebi by mid-FebThe company had filed its draft red herring prospectus (DRHP) for the IPO with Sebi in September 2021 and is aiming to raise Rs 8,430 crore...
- Oyo likely to lay off 2,000 people by January endDivisions like sales, supply and operations will account for a chunk of the layoffs, sources said.
- OYO cuts losses to Rs 325 cr in FY17The SoftBank-backed company also said in the quarter ended June, it posted its highest grossing months with total booking value touching ne...
Load More
