OYO, the homegrown hospitality giant, has delivered a blockbuster financial performance in FY25, cementing its place as one of India’s most profitable startups. Under the leadership of founder and CEO Ritesh Agarwal, the company’s net profit soared 2.7 times to INR 623 crore, making waves across the Indian startup ecosystem.
OYO’s Profit Soars: Breaking Down the Numbers
Net Profit Hits All-Time High
In a recent townhall, Ritesh Agarwal announced that OYO’s net profit surged by a whopping 172% year-on-year, rising from INR 229 crore in FY24 to INR 623 crore in FY25. This remarkable growth not only highlights OYO’s robust business model but also sets a new benchmark for profitability among Indian startups.
Revenue and Bookings on the Rise
OYO’s top line also saw a healthy 20% jump, reaching INR 6,463 crore in FY25, up from INR 5,388.7 crore the previous year. The company’s gross booking value-a key indicator of overall business activity-grew by an impressive 54% year-on-year, touching INR 16,436 crore.
EBITDA Growth Reflects Strong Operational Performance
The company’s adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose 27% to INR 1,132 crore, up from INR 889 crore in FY24. This growth reflects OYO’s focus on operational efficiency and sustainable expansion.
What’s Driving OYO’s Success?
Affordable Stays Meet Premium Experiences
Founded in 2012, OYO has consistently expanded its offerings. While it remains a go-to choice for affordable accommodation across India, OYO has also made significant inroads into the premium segment, including luxury hotels, villas, and homestays. This diverse portfolio has helped the company attract a wide range of customers, from budget travellers to luxury seekers.
Tech-Driven Hospitality
OYO’s investment in technology has played a key role in streamlining operations, improving customer experience, and boosting partner hotel revenues. The company’s proprietary tech platform allows for dynamic pricing, seamless bookings, and real-time inventory management.
Global Presence with Local Focus
While OYO has a global footprint, its focus on the Indian market remains strong. The company has tailored its offerings to suit Indian travellers, prioritising safety, hygiene, and value for money-factors that have become even more important post-pandemic.
Ritesh Agarwal’s Vision: Building India’s Hospitality Powerhouse
Ritesh Agarwal, the young entrepreneur behind OYO, continues to inspire with his vision of making quality accommodation accessible to all. His leadership has steered OYO through ups and downs, and this year’s stellar financials are a testament to the company’s resilience and adaptability.
What’s Next for OYO?
IPO Buzz and Future Expansion
With such strong financials, market watchers are abuzz with speculation about OYO’s much-anticipated IPO. The company is expected to use its profits to fuel further expansion, invest in technology, and enhance its premium offerings.
Setting the Bar for Indian Startups
OYO’s FY25 performance sends a strong message to the Indian startup community: sustainable growth and profitability are achievable, even in competitive sectors like hospitality.
Conclusion: OYO’s Success Story Inspires a Generation
OYO’s record-breaking profit in FY25 is more than just a financial milestone-it’s a beacon of hope for Indian entrepreneurs and a proud moment for the country’s startup ecosystem. As OYO continues to innovate and expand, it stands as a shining example of what’s possible when ambition meets execution.