OYO becomes most profitable Indian startup in FY25 with ₹623 cr profit: Founder Ritesh Agarwal

Global travel tech platform OYO has made a remarkable leap in its financial journey, becoming the most profitable Indian startup in FY25 with a Profit After Tax (PAT) of ₹623 crore. This achievement was shared by Founder and CEO Ritesh Agarwal during a recent townhall with employees, according to sources.

As per unaudited financials accessed by PTI, OYO’s PAT rose by an impressive 172% from ₹229 crore in FY24. The company’s adjusted EBITDA for the year stood at ₹1,132 crore—a 27% year-on-year increase and its tenth consecutive quarter of EBITDA profitability.

Earnings per share (EPS) climbed to ₹0.93, up from ₹0.36 last year, reflecting a 158% growth. OYO also saw robust growth in its core business metrics. Its Gross Booking Value (GBV) increased by 54% to ₹16,436 crore, while total revenue rose 20% year-on-year to ₹6,463 crore. This growth was largely driven by its expanding premium portfolio, including Townhouse Hotels and the Sunday brand, across key markets in India, the UK, Southeast Asia, and the Middle East. The integration of G6 Hospitality further contributed to this momentum.

In the fourth quarter alone, OYO’s GBV surged 126% year-on-year to ₹6,379 crore. Quarterly revenue touched ₹1,872 crore, a 41% increase, and adjusted EBITDA jumped 61% to ₹442 crore.

The company has been actively growing its premium hotel segment, having launched over 30 Sunday Hotels in the past year across India, Saudi Arabia, UAE, and Southeast Asia. With a global footprint of around 22,700 hotels, 1,19,900 homes, and 91,300 listings, OYO is firmly positioning itself as a dominant player in the global hospitality tech space—now with profitability to match its scale.