
CosmicTaco
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
8mo ago
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