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oyo maiden profit: Oyo to report maiden net profit of Rs 16 crore in ongoing quarter - Vimarsana News

oyo maiden profit: Oyo to report maiden net profit of Rs 16 crore in ongoing quarter

In an email to the companys top management, Agarwal said Oyo has published its annual accounts for FY23 and that it has achieved operational profitability in FY23, clocking an adjusted Ebitda of Rs 277 crore.

Ritesh Agarwal-led OYO likely to go for public listing in Oct-Nov 2023 - Vimarsana News

Ritesh Agarwal-led OYO likely to go for public listing in Oct-Nov 2023

Sources told BT that the IPO-bound company has revised the issue size to $400-600 million and this might increase by 50 per cent depending on the market scenario in the next six months.