OYO's Profitable Rise: A Story of Strategic Shifts and Financial Resilience

Unknown Apr 02, 2026 750 Views

OYO, the hospitality chain launched by Ritesh Agarwal, has registered a key turnaround with its first-ever net profit of ₹229 crore in FY24, beating initial estimates of ₹100 crore. The achievement comes on the heels of eight successive quarters of a positive Adjusted EBITDA, with 215% year-on-ye...

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