In a remarkable turnaround, hospitality giant OYO has emerged as the most profitable Indian startup in FY25, reporting a record profit after tax (PAT) of ₹623 crore. OYO’s earnings for FY24 reached ₹229 crore, marking an impressive 172% increase.
OYO Posts Strong Financial Results in FY25
OYO’s founder, Ritesh Agarwal, claims that FY25 was a turning point for the company due to its many financial achievements. Adjusted EBITDA for the company climbed 27% year over year to ₹1,132 crore from ₹889 crore in FY24. High value creation for shareholders is indicated by the company’s earnings per share (EPS), which rose by 158% to ₹0.93.
OYO achieved consistent operational efficiency and long-term expansion in international markets by maintaining EBITDA profitability for 10 consecutive quarters.
Revenue and Booking Surge Drives Profitability
OYO reported a 54% surge in Gross Booking Value (GBV), reaching ₹16,436 crore for FY25. The company’s revenue grew by 20% year-on-year to ₹6,463 crore. The growth was primarily driven by OYO’s premium product offerings, including its Company-Serviced Portfolio, mid-scale Townhouse hotels, and introducing over 30 Sunday brand hotels across different countries including India, Southeast Asia, the Middle East, and the UK.
In Q4 FY25 alone, OYO posted a GBV of ₹6,379 crore, an impressive 126% growth year-on-year, while quarterly revenue reached ₹1,872 crore and adjusted EBITDA stood at ₹442 crore.
Global Expansion and Market Strategy
OYO’s expansion strategy has played a key role in its profitability. The platform now hosts 22,700 hotels and 119,900 homes globally, with 91,300 active listings. In the year 2024, OYO acquired G6 Hospitality making its strong presence in international markets enchancing its brand value and financial performance.
A Milestone for India’s Startup Ecosystem
OYO’s FY25 performance marks a historic high for the company and signals a turning point for India’s startup landscape. With consistent revenue, expanding global reach, and improved margins, OYO sets a benchmark for profitable growth in Indian startups.
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