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OYO PAT Rises Nearly 6 Times to ₹166 Cr in Q3
Hindustan Times East UP
|February 10, 2025
Travel tech unicorn OYO recorded a profit after tax (PAT) of ₹166 crore in the third quarter ended December, up nearly six times from ₹25 crore in the year-ago period, sources said.
NEW DELHI: The company's revenue in the third quarter rose to ₹1,695 crore, growing almost 31% from ₹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 ₹249 crore in the October-December period of FY25, registering a 22% increase from ₹205 crore a year ago. Notably, the gross booking value (GBV) reached ₹3,341 crore, showing a 33% growth from ₹2,510 crore in Q3 FY24.
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