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
The numbers are certainly encouraging. Doubling the PAT in a quarter shows significant operational efficiency. The milestone of achieving ₹750 crore EBITDA in FY23 and aiming for ₹1,000 crore in FY24 shows they have a solid growth plan.
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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13 replies5 likes
financialnews
Stealth • 27d
JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11%
JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI
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Shreyas Ramdasi
Stealth • 5m
Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs
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0 replies5 likes
Gautam Ambani
Stealth • 5m
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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1 replies6 likes
K
Stealth • 5m
Headline numbers:
The Mamaearth parent reported a 21% growth in operating revenue for the March quarter to Rs 471 crore.
Net profit stood at Rs 30.5 crore, against a net loss of Rs 162 crore a year ago.
Key takeaway:
The company is doubling down on i
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0 replies2 likes
Vikram Kumar
Stealth • 1m
Just came across this update—Licious is expanding into offline stores, with FY24 offline revenue expected to cross ₹500 crore! 🥩📈 However, their overall operating revenues fell by 8% to ₹685 crore compared to the previous year, primarily due to wea
Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue
Furniture and appliance rental platform Rentomojo posted operating revenue of nearly Rs 200 crore in the last fiscal year as the Bengaluru-based company benefited from peop
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0 replies3 likes
Inactive
Stealth • 6m
Ixigo just got the green light from SEBI for its Rs 1,600 crore IPO.
Yep, they're aiming to raise Rs 750 crore with fresh shares and offload another Rs 850 crore.
Investors like Saif Partners and Micromax are cashing out big.
Ixigo’s founders ar
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1 replies3 likes
Sanskar
Stealth • 4m
Viraj Bahl started Veeba foods in 2015 with the aim of providing high-quality condiments and sauces to fast food chains.
Veeba initially focus in B2B segment to avoid the high competition and price war of the retail market. But its big break came wh
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3 replies5 likes
Harsh Dwivedi
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Medial • 6d
Top News of the Day:
1. Indian audio platform Kuku FM, backed by Vertex Ventures, recently underwent a restructuring exercise affecting approximately 300 employees.
2. Honasa Consumer slips into Rs 19 crore loss on restructuring; operating revenue