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Havish Gupta

Stealth • 8m

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?

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

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Gautam Ambani

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LOL Same story of all startups waanna be listed on BSE , NSE. Don't give a shit about profit until want to go public. Do profit before a year or two wanted to do IPO. OYO has reported a profit after tax of nearly INR 100 crore ($12 million) for fisc

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