OYO reports Rs 166 crore profit in Q3, revenue jumps 31 pc

Travel tech unicorn OYO on Sunday reported a strong financial performance in the third quarter (Q3) of FY25, posting a profit after tax (PAT) of Rs 166 crore. This is a significant rise compared to Rs 25 crore in the same period last year (Q3 FY24). The company's revenue also saw growth of 31 per cent at Rs 1,695 crore in the October-December quarter (Q3), compared to Rs 1,296 crore a year ago period. 

According to reports, OYO's adjusted EBITDA for the quarter stood at Rs 249 crore, a 22 per cent increase from Rs 205 crore recorded in the same period last fiscal. The company’s gross booking value (GBV) surged to Rs 3,341 crore with a 33 per cent growth from Rs 2,510 crore in Q3 FY24. However, these financial figures do not include the performance of G6 Hospitality, as its acquisition became effective only in the third week of December.

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