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Gautam Ambani

Money Magnetย โ€ขย 1y

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 fiscal year 2024, marking its eighth consecutive quarter of positive earnings before interest, taxes, depreciation, and amortization (EBITDA). https://medial.app/news/oyo-achieves-first-profitable-year-with-pat-of-nearly-rs-100-cr-in-fy24-says-founder-238d9af44481e

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Vaibhav Babruwan Shingde

Studentย โ€ขย 3m

๐—ข๐—ฌ๐—ข ๐—œ๐˜€ ๐—ฅ๐—ฎ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—•๐—ฎ๐—ฟ ๐˜„๐—ถ๐˜๐—ต ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐˜€ & ๐—œ๐—ฃ๐—ข! โ€ข In Q3 FY25, OYO reported a profit of โ‚น166 crores with a revenue of โ‚น1,695 crores, reflecting a 31% growth in revenue. โ€ข As of December 2024, SoftBank owns 44% of OYO. The

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Now this is awesome! So in 2019, Oyo aquired Innov8, a Co Working space for โ‚น220cr and in FY24, it made โ‚น62 cr of pure profit.

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