Hospitality startup Oyo posted a net profit of Rs 229 crore for 2023-24, founder and chief executive Ritesh Agarwal said in a post on X. “One big learning for me over the years is under-promise ...

In a May town hall, Agarwal announced that Oyo achieved its first net profitable year in fiscal 2024, with an adjusted EBITDA of $107 million. ... Ritesh Agarwal, founder and CEO of Oyo, ...

Amid the growing buzz around its much-awaited IPO, travel tech major OYO ’s founder Ritesh Agarwal expects the startup’s net profit to touch INR 1,100 Cr in the financial year 2025-26 (FY26).

During the townhall, Agarwal claimed that the startup’s net profit jumped 172% to INR 623 Cr in FY25 from INR 229 Cr in the previous fiscal year. Its top line grew 20% to INR 6,463 Cr from INR ...

OYO founder Ritesh Agarwal shares a detailed plan for starting a hotel business in the US with as little as $10,000. ... A 20-room property can generate around $100,000 in net income per year, ...