Travel

OYO’s Q4 Revenue To Surge 60% To INR 2,100 Cr: Ritesh Agarwal

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SUMMARY

In an email to OYO’s senior leadership team, Agarwal said that increase in quarterly revenue reflects OYO’s ability to drive sustainable and profitable growth

Excluding the contribution of US-based G6 Hospitality, acquired by OYO last year, the unicorn’s revenue is expected to grow 42% YoY to INR 1,886 Cr in Q4

OYO turned profitable in FY24, posting a net profit of INR 229 Cr. However, its revenue declined 1.3% YoY to INR 5,388.78 Cr

OYO founder Ritesh Agarwal expects the travel tech major’s Q4 FY25 revenue…

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