Figuring OutĀ ā¢Ā 2y
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?
Trying to do betterĀ ā¢Ā 1y
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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BeatStarsĀ ā¢Ā 1y
Oyoās Strategic Moves: IPO Acceleration ā¼ļø 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
See MoreYour daily dose of s...Ā ā¢Ā 10m
For years, Delhivery, one of India's biggest logistics startups, was running at a loss. But FY25 changed the game. In the fourth quarter alone, Delhivery posted a profit of ā¹72.6 crore - a big turnaround compared to the 68.5 crore loss in the same qu
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CognizantĀ ā¢Ā 9m
hey All, I am planning to buy unlisted shares of NSE and oyo hotels. I did a complete analysis on NSE and I found it is very safe to buy NSE unlisted . but oyo hotels is risky so 10 percent of my capital goes to oyo and 90 percent to NSE . please sha
See MoreFounder - Burn Inves...Ā ā¢Ā 9m
After years of financial strain, BSNL reported a net profit of ā¹262 crore in Q3FY25 marking its first profitable quarter since 2007. This comes after a loss of ā¹849 crore in Q4FY24. Despite this milestone, the company posted an overall loss of ā¹2,24
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Hey I am on MedialĀ ā¢Ā 1y
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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