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Havish Gupta

Stealth • 9m

OYO is Now Profitable. In the latest Quarter, OYO reported a profit of 30 Crore Rs. And this is impressive with considering the fact that during Covid, it losses had hit almost 12,000 crore. But how did they did this? 1) firstly they closed more than 40% of their loss making hotels 2) They moved from minimum revenue to profit sharing model for the hotels reducing their fixed cost 3) they have started targeting premium customer with launch of Pallette. And they are now also trying to go for IPO this year. This is One of the best turnaround stories! What do you all think of this?

6 replies13 likes
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Tushar Aher Patil

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Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

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Mahendra Lochhab

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Oyo reports first ever annual profit of Rs 229 crore in FY24.

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PRATHAM

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BeatStars • 6m

Oyo’s Strategic Moves: IPO Acceleration ‼️ Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc Recently, senior executives and lead bankers met with SEBI to discuss business performan

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Sameer Patel

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Business Incidents Oyo started by aggregating budget hotels on their platform, similar to Airbnb. They listed properties but didn't control the experience (think: just a listing site). Their pivot transformed them into a franchisor. Now, they partner

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Oyo shelves IPO; private funding may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).

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Jaswanth Jegan

Stealth • 6m

If BYJU’s gives a turnaround from its struggles then it would be the greatest turnaround in the history.But can they give a comeback?

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Anonymous
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Anonymous

Stealth • 4m

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

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Mohammed Zaid

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Oyo CEO Ritesh Agarwal is set to increase his stake in the company from 30% to 32% by investing another ₹550 crore, reports said. Agarwal will buy over 12.9 crore shares at 42.60 apiece and the investment will value Oyo at 32,000 crore, reports added

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Anonymous
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Anonymous

Stealth • 5m

Did you ever hear about this ₹41,000 crore empire?

8 replies10 likes
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Anonymous
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Anonymous

Stealth • 6m

If Oyo is doing 100cr profit after tax then why are they rasing at 80% valuation cut. Something’s fishy for sure.

11 replies11 likes
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