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MAIDEN POSITIVE EBITDA
Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launchIndian space startup Skyroot Aerospace projects significant revenue growth, aiming for over Rs 13,000 crore by FY32, driven by launch servi...
ITC Hotels Q4 Results: FY25 PAT at Rs 698 crore, revenue at Rs 3,333 croreITC Hotels reported its best-ever Q4 performance post-listing, with Rs 1,061 crore revenue (up 17%) and Rs 258 crore profit (up 40%). FY25 ...
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...
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...
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...
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...
Hot Stocks: Brokerages on Mankind Pharma, Lupin, MGL, Zomato, Godrej ConsumerBrokerages have initiated coverage and maintained ratings on several companies, according to top brokerages sources. Antique has initiated ...
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...
Sebi returns OYO's draft IPO papers; asks to refile with updatesThe company had filed its Draft Red Herring Prospectus (DRHP) with Sebi in September 2021 and is aiming to raise Rs 8,430 crore
Quarter’s delay likely in Oyo IPO as Sebi seeks updated filingRegulator wants risk factors, KPIs, outstanding litigation, basis for valuation refreshed in DRHP, which may take up to 3 months
Oyo IPO likely to get delayed by a quarter as SEBI seeks refiling with updated informationOyo has been asked to update information such as updated risk factors, key performance indicators (KPIs), outstanding litigations and basis...
Mohandas Pai slams Oyo over 'fake accounting', hospitality major repliesFormer Infosys Director T.V. Mohandas Pai slammed Ritesh Agarwal-run Oyo for allegedly misleading investors via 'fake accounting' as the ho...
Oyo restates losses to Rs 2,140 crore for FY22; files fresh IPO docs with SebiOyo reported a 47% growth in its gross bookings value per hotel in Q1FY23 at Rs 3.25 lakh versus Rs 2.21 lakh for FY22.
BlackSoil invests Rs 10 crore in dermatology chain OlivaSreyas Holistic Remedies Private Limited operates a chain of dermatologist clinics under the Oliva brand, offering skin and hair care produ...
Spencers to raise Rs 80 crore in maiden rights issueThe retailer is offering 1,06,04,563 rights equity shares of Rs 5 each at an issue price of Rs 75 per equity share, including premium of Rs...
Shyam Metalics files Rs 909 crore IPO papersShyam Metalics plans to utilise the proceeds for payment of debt.
Jio earnings show strong business momentum: AnalystsJio's maiden financial results demonstrate that the business has maintained strong momentum.