**OYO Emerges as India’s Most Profitable Startup with Record Earnings**
OYO, the global travel technology platform, has achieved a remarkable milestone by becoming the most profitable startup in India, reporting a profit after tax of ₹623 crore for the financial year 2024-25. This announcement was made by Founder Ritesh Agarwal during a town hall meeting with employees.
According to unaudited financial documents, OYO’s profit after tax (PAT) surged by 172% from ₹229 crore in the previous fiscal year. The company also reported an adjusted EBITDA of ₹1,132 crore for FY25, marking a 27% year-on-year growth and its tenth consecutive quarter of EBITDA profitability. As a result, OYO’s earnings per share (EPS) rose to ₹0.93 for FY25, a significant increase from ₹0.36 in FY24, reflecting a 158% growth.
The travel tech platform experienced a 54% rise in Gross Booking Value (GBV), reaching ₹16,436 crore, while its revenue climbed to ₹6,463 crore, a 20% increase compared to the previous year. This growth was driven by OYO’s premium offerings, including the Company-Serviced Portfolio, which features mid-segment Townhouse Hotels and Sunday Hotels, promoted by Softbank and Oravel, across India, the UK, and the Southeast Asia and Middle East (SEAME) regions. The integration of G6 Hospitality further bolstered its offerings.
In the fourth quarter of FY25, OYO’s GBV reached ₹6,379 crore, a remarkable 126% increase compared to the same period in FY24. Revenue for Q4 was reported at ₹1,872 crore, up 41% year-over-year, while adjusted EBITDA rose by 61% to ₹442 crore compared to Q4 of FY24.
OYO has strategically expanded its premium offerings, launching over 30 Sunday Hotels in the past year across various regions, including India, Saudi Arabia, the UAE, and Southeast Asia. The company’s global footprint now encompasses approximately 22,700 hotels and 119,900 homes, along with 91,300 listings on its platform.
In conclusion, OYO’s impressive financial performance and strategic expansion into premium offerings position it as a leader in the travel tech industry, setting a benchmark for future growth and profitability.
**FAQ**
**What factors contributed to OYO’s profitability in FY25?**
OYO’s profitability in FY25 was driven by a significant increase in Gross Booking Value, strategic expansion of premium offerings, and consistent EBITDA profitability over ten consecutive quarters.
