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OYO Hotels & Homes reports a 172% profit increase, making it India's most profitable startup.
OYO Hotels & Homes, led by Ritesh Agarwal, has become India's most profitable startup, reporting a profit after tax of ₹623 crore for fiscal year 2024-25, up 172% from the previous year.
The company’s earnings per share increased 158% to ₹0.93, and revenue grew 20% to ₹6,463 crore.
OYO also saw a 54% rise in Gross Booking Value to ₹16,436 crore, expanding its premium offerings like Sunday Hotels across various regions.
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OYO Hotels & Homes informa un aumento del 172% en las ganancias, convirtiéndose en la startup más rentable de la India.