Tech
OYO: Oyo PAT rises nearly 6 times to Rs 166 crore in Q3
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Travel tech unicorn Oyo recorded a profit after tax (PAT) of Rs 166 crore in the third quarter ended December, up nearly six times from Rs 25 crore in the year-ago period, sources said. The company’s revenue in the third quarter rose to Rs 1,695 crore, growing almost 31 per cent from Rs 1,296 crore a year earlier, marking a turnaround from the flat topline growth seen in FY24.
According to documents accessed by PTI, the company achieved an adjusted EBITDA of Rs 249 crore in the October-December period of FY25, registering a 22 per cent increase…
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