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Ritesh Agarwal-led OYO made Rs 158 crore profit in Q2FY25, revenue stood at Rs 1,578 crore

  • OYO, led by Ritesh Agarwal, reported a net profit of Rs 158 crore in Q2FY25, a substantial turnaround from the previous year's loss of Rs 50 crore in the same quarter.
  • The company's revenue in Q2FY25 stood at Rs 1,578 crore, reflecting a 12% increase compared to the previous quarter.
  • OYO's focus on launching higher-end, company-serviced hotels has played a critical role in boosting both revenue and customer satisfaction.
  • OYO recently made strategic acquisitions of G6 Hospitality and CheckMyGuest to fuel its expansion.

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