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OYO’s FY25 results underscore its transformation, with profitability and expansion plans fuelling expectations for an upcoming IPO.
OYO achieved its first full-year profit, reporting a profit after tax (PAT) of ₹623 Crores, a 172% increase from ₹229 Crores in FY24. Adjusted EBITDA rose to ₹1,132 Crores, marking a 27% year-on-year increase and its tenth consecutive profitable quarter.
Revenue: ₹6,463 Crores, up 20% year-on-year
Gross Booking Value (GBV): ₹16,436 Crores, up 54%
These metrics reflect growth across both financial and operational fronts.
According to Business Standard, Varun Jain, OYO's Chief Operating Officer, highlighted that the company’s program is aligned with its strategic goals for the Indian market in 2025, aiming to boost profitability by improving the guest experience. He also noted that the hotels involved in the program have achieved a higher customer rating of 4.6, surpassing the overall platform average of 4.0.
OYO, a global travel tech platform on the verge of an IPO, announced on 6th June, 2025 that it aims to increase booking revenue from company-serviced hotels to 44% from the current 22% by the end of this financial year. This is part of its strategy to focus more on India and expand its premium property offerings.
OYO expanded its premium portfolio through brands such as Townhouse, Townhouse Oak, Capital O, Palette, and Sunday, contributing to its revenue uplift. The company also increased its presence in:
Leisure, pilgrimage and business nodes across India
International markets via acquisitions like G6 Hospitality and Checkmyguest
OYO is set to double the company‑serviced revenue by FY26, expanding from ~1,300 to 1,800 hotels and covering over 300 cities, up from 124.
OYO is preparing for an IPO, with:
Discussions underway with investment bankers
A target valuation of $6–7 Billion (Approximately ₹51,379 Crores)
DRHP likely to be filed between August and September 2025, pending audited FY25 or Q1 FY26 results.
Below is a comparison of OYO’s key metrics from FY24 to FY25:
Metric |
FY24 |
FY25 |
|---|---|---|
Profit After Tax (PAT) |
₹229 Crores |
₹623 Crores |
Adjusted EBITDA |
₹889 Crores |
₹1,132 Crores |
Revenue |
~₹5,388 Crores |
₹6,463 Crores |
Gross Booking Value (GBV) |
~₹10,690 Crores |
₹16,436 Crores |
The table highlights the year‑on‑year performance in core financial and booking metrics.
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Sources
Business Standard — OYO most profitable startup in FY25 with ₹623 cr profit, https://www.business-standard.com/companies/news/oyo-posts-pat-of-623-cr-in-fy25-becomes-top-startup-ritesh-agarwal-125050800869_1.html
Livemint — OYO becomes most profitable Indian startup in FY25 with ₹623 cr profit, https://www.livemint.com/companies/news/oyo-becomes-most-profitable-indian-startup-in-fy25-with-rs-623-cr-profit-founder-ritesh-agarwal-11746697530574.html
Economic Times — Oyo becomes most profitable Indian startup in FY25 with Rs 623 crore profit, https://economictimes.indiatimes.com/tech/startups/oyo-becomes-most-profitable-indian-startup-in-fy25-with-rs-623-crore-profit-founder-ritesh-agarwal/articleshow/120998964.cms
Angel One — OYO Plans Fresh IPO Attempt, Seeks $6‑7 Billion Valuation, https://www.angelone.in/news/oyo-plans-fresh-ipo-attempt-seeks-6-7-billion-valuation
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Posted on 05 Jun
Geetanjali Lachke
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