KGF Blogs News 12

OYO’s profit has skyrocketed in the third quarter of FY25, marking an impressive sixfold increase. The company reported a net profit of ₹166 crore, a significant leap from ₹25 crore in the same period last year. This remarkable growth signals that OYO is not just expanding but also becoming a highly profitable venture.

The company’s revenue for Q3 surged to ₹1,695 crore, reflecting a 31% rise from the previous year’s ₹1,296 crore. Meanwhile, its adjusted EBITDA climbed to ₹249 crore, a 22% increase from ₹205 crore in Q3 FY24. These numbers highlight OYO’s strong financial trajectory and robust operational efficiency.

OYO’s gross booking value (GBV), which measures the total value of bookings, also experienced significant growth. It reached ₹3,341 crore in Q3, a 33% jump from ₹2,510 crore in the same period last year. These figures do not yet account for the financial impact of OYO’s recent acquisition of G6 Hospitality in December. The company’s turnaround is even more striking when looking at its performance over the first nine months of FY25. OYO posted a net profit of ₹457 crore, a dramatic recovery from a ₹111 crore loss in the same period last year.

The company’s impressive growth is primarily driven by strong performances in its core markets of India and the US, while emerging markets in Southeast Asia and the Middle East have also contributed significantly. OYO has been focused on enhancing its premium offerings in India, alongside making strategic acquisitions to expand its global footprint. The recent acquisition of G6 Hospitality, a major US hotel chain, and Checkmyguest, a Paris-based rental home platform, are key moves that have strengthened its position in the hospitality industry.

With consistent growth, strategic investments, and a strong presence in key markets, OYO is well on its way to establishing itself as a dominant force in the global hospitality sector.

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