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OYO Projects INR 1,100 Cr Profit by FY26

  • OYO's founder Ritesh Agarwal expects a net profit of INR 1,100 Cr in FY26.
  • The recent acquisition of US-based G6 Hospitality is a key contributor to this projection.
  • G6 Hospitality is expected to add an EBITDA of INR 630 Cr next year.
  • Agarwal faces pressure from creditors to expedite OYO’s IPO.
  • OYO's IPO plans have been in limbo but may be fast-tracked to meet debt obligations.

Source: Inc42

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4mo ago
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Indian Startups
by JumpyUnicornLoco

How is OYO doing ?

In last 6-8 months there has been lot of layoffs and many startup getting scrutinised due to funding etc..

But I can’t see Oyo name anywhere… Not much layoffs or nothing on their crunch.

Are they doing good or successful?