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OYO RESULTS
Oyo parent PRISM clocks PAT of Rs 353 crore in Q1, up 17% YoY, revenue jumps 35%Oyo parent PRISM reported a 35% YoY rise in Q1FY27 revenue to Rs 2,814 crore, while net profit grew 17% to Rs 353 crore. Gross Booking Valu...- Eternal’s Q2 profit rises; SBI flags customer data leakEternal’s Q2 profit has surged, with Blinkit contributing significantly to the growth. This and more in today’s ETtech Top 5.
- She rejected IIM for baking: How Megha Sarayan built a Rs 2 crore per year business with just Rs 5,000 and secured Rs 1 crore on Shark Tank IndiaThough obtaining an MBA from an Indian Institute of Management is a goal for many, Megha Sarayan opted for an alternate route. The Universi...
- Hyderabad OYO hotel murder: 34-year-old bank executive found dead in room, boyfriend allegedly flees at 3.30am; told staff she would leave after breakfastA tragic incident unfolded when 34-year-old B Sirisha was found dead in an OYO hotel room on Tuesday. Her companion, A Srinivas, reportedly...
- Missed the NSE IPO? Here are 5 of the largest issues in the pipeline to keep on your radarFor those who missed out on the National Stock Exchange IPO, there's a silver lining: several major public offerings are on the horizon! Se...
- Swiggy expands leadership across businesses as quick commerce competition heats upHimavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Garg has been appointed the chief te...
- Delhi HC stays Rs 1,140 crore tax demand against OyoThe demand was raised under Section 56(2)(viib) of the Income Tax Act on account of the addition to the income after the assessee had issue...
- Oyo to meet bankers next week for third IPO attempt; eyes $5–7 billion valuationOyo's parent company, Oravel Stays, is preparing for its third IPO attempt, aiming for a March-April 2026 listing. This push is influenced ...
- 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 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 elevates Rakesh Kumar to deputy CFO positionKumar's transition to Deputy CFO signifies a significant expansion of his responsibilities, encompassing business finance and taxation, Oyo...
- 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...
- IPO-bound Oyo reports EBITDA of Rs 56 crore in Q2 as per financials submitted to SebiSEBI had given Oyo the permission to submit updated financials before it examined and finally processed the company’s IPO application.
- FHRAI urges Sebi again to suspend OYO's IPO processEarlier in October, FHRAI had urged Sebi to suspend OYO's IPO process, drawing attention to irregularities, such as being engaged in anti-c...
- Oyo reports $335 million loss on revenue of $951 millionLosses climbed to $335 million, or 35% of revenue, from $53 million, or 25% of revenue, as the startup expanded into China and other new ma...
- OYO now plans to layoff 2,000 employees, the company says it may ‘replace some candidates’
- Oyo in talks with LA firm to buy Keys HotelsKeys Hotels had been scouting for buyers for a few years and has an estimated debt of about Rs 160 crore.
- OYO reports revenues of Rs 327 crore in FY18The company clocked revenues of Rs 327 crore in its standalone results for the financial year 2017-18, a 200% jump from last the financial ...
- OYO partners with HDFC Bank for PayZappOYO is present in over 180 cities and has 6000 hotels in its network and promises to deliver a superior app booking and room service experi...
- Room for funding shrinks for OYO as investors keep door ajarOne of the most watched startups of 2015, OYO's difficulties in fund-raising comes at a time when travel portals MakeMyTrip and Goibibo pla...
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