06 March 2025
Oyo is expected to report a profit after tax (PAT) of Rs 1,100 crore in 2025-26, according to the company’s founder Ritesh Agarwal. If true, this will be significantly higher than Rs 229.6 crore reported in 2023-24. Agarwal shared the profit projections with the company’s management recently, according to people familiar with the matter. Between April and December in the current year, Oyo has reported a net profit of Rs 457 crore. The company became profitable for the first time in 2023-24.
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