OYO has posted a profit after tax (PAT) of ₹166 crore, a nearly 6x jump from ₹25 crore in Q3 FY24. Revenue also saw a healthy rise, reaching ₹1,695 crore, up 31% from ₹1,296 crore in the same period last year. The company’s adjusted EBITDA stood at ₹249 crore, growing 22% YoY.
One of the key indicators of OYO’s growth is its Gross Booking Value (GBV), which increased by 33% to ₹3,341 crore. Looking at the bigger picture, the company’s performance over the first nine months of FY25 has been remarkable. OYO recorded a PAT of ₹457 crore, a massive turnaround from a loss of ₹111 crore in the same period last year.
The growth has been fueled by strong demand in India and the US, which remain OYO’s core markets. Additionally, the company saw a boost from emerging markets in Southeast Asia and the Middle East. A renewed focus on revenue growth helped OYO bounce back from a period of flat topline growth in FY24.
To strengthen its position, OYO has been investing in premium properties in India and expanding through acquisitions. In December, the company completed its acquisition of G6 Hospitality, a major US-based hotel chain. Around the same time, it also acquired Checkmyguest, a rental home platform based in Paris. These moves signal OYO’s intent to grow its global presence.
Recognizing its improved financial health, Moody’s upgraded OYO’s credit rating from B3 to B2, maintaining a stable outlook. The rating agency estimates that OYO’s EBITDA will reach $200 million in FY25-26, making it the company’s first full year of earnings consolidation with its newly acquired businesses.
Although these financial numbers paint a strong picture, OYO has not officially commented on them. Interestingly, the reported figures do not include G6 Hospitality’s financials, as the acquisition was completed late in the quarter. With these strategic steps and strong financial momentum, OYO seems poised for a promising future.