Oravel Stays (OYO Rooms) Unlisted Shares
OYO Projects 3x Rise in FY25 Profit: Rs 700 Cr
Money.rediff
2 min read
OYO Projects PAT Over Rs 700 Crore for FY25, Achieves Q1 Turnaround.
Expert Analysis:
Profit Projection: OYO projects PAT to exceed Rs 700 crore for FY25, up from Rs 229 crore in FY24.
Q1 Performance: Reported PAT of Rs 132 crore in Q1 FY25, a turnaround from Rs 108 crore loss in the same quarter last year.
Profit Projection: OYO's FY24 gains, market growth, and reduced interest outgo boost confidence in over Rs 700 crore net profit, potentially tripling EPS to nearly Rs 1.
Growth Drivers: Growth driven by strong performance in India, Southeast Asia, and the U.S. and Strategic expansions in Europe
Premium Properties: OYO’s performance in premium properties and key markets underpins this optimistic financial outlook.
OYO's Founder and CEO Ritesh Agarwal stated in a company town hall that OYO expects PAT to surpass Rs 700 crore in FY25, driven by strong Q1 results and strategic global expansions.
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