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OYO's loss narrows sequentially to Rs 333 Cr in Q2 FY23
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OYO's loss narrows sequentially to Rs 333 Cr in Q2 FY23
05 November 2024
Hospitality firm Oyo has logged a loss of Rs 333 crore in the quarter ending September 2022—down from Rs 414 crore in the previous quarter. The company registered a 23% increase in gross booking value (GBV) per hotel in the last quarter compared to the previous quarter, it said in the second addendum, to its DRHP, dated Nov. 25.
Hospitality firm Oyo has logged a loss of Rs 333 crore in the quarter ending September 2022—down from Rs 414 crore in the previous quarter. The company registered a 23% increase in gross booking value (GBV) per hotel in the last quarter compared to the previous quarter, it said in the second addendum, to its DRHP, dated Nov. 25.
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