OYO Achieves Record Profitability, Becoming India's Most Profitable Startup

OYO, the global hospitality chain, has announced a profit after tax (PAT) of approximately $72 million for the fiscal year ending March 31, 2025, a 172% increase from the previous year's $27 million. This achievement positions OYO as the most profitable Indian startup, according to founder Ritesh Agarwal. The company's adjusted EBITDA also saw a 27% year-over-year growth to $132 million, marking its tenth consecutive quarter of EBITDA profitability.

The company's financial success is attributed to a 54% increase in Gross Booking Value (GBV) to $1.92 billion and a 20% rise in revenue to $754 million, driven by premium offerings and strategic expansions. OYO's earnings per share (EPS) surged by 158% to $0.93, reflecting enhanced shareholder value. The launch of over 30 Sunday Hotels and the integration of G6 Hospitality have been pivotal in this growth.

OYO's fourth quarter of FY25 was particularly strong, with GBV reaching $744 million, a 126% increase year-over-year, and revenue up 41% to $218 million. The company's global footprint now includes approximately 22,700 hotels and 119,900 homes, with significant growth in the US market.

Moody's upgrade of OYO's rating underscores the company's improved profitability and credit metrics. Looking ahead, OYO targets an EBITDA of over $233 million and an EPS of $1.31 for FY26, with the US operations expected to be a major growth driver.