In a major milestone, travel tech giant OYO has emerged as the most profitable startup in India for the financial year 2024–25. Founder and Group CEO Ritesh Agarwal shared the news during an internal townhall, citing a profit after tax (PAT) of ₹623 crore for the year. This performance, as per unaudited financial statements accessed by media sources, marks a 172% increase compared to the ₹229 crore PAT in FY24.
Solid EBITDA and Consistent Profitability
OYO’s adjusted EBITDA stood at ₹1,132 crore in FY25, a 27% rise from ₹889 crore posted in the previous fiscal. This result also signifies the company’s tenth consecutive quarter of EBITDA-level profitability, reflecting consistent and disciplined financial operations.
Earnings Per Share See Steep Rise
One of the key indicators of profitability, Earnings Per Share (EPS), grew significantly in FY25. The company reported EPS of ₹0.93, up from ₹0.36 in FY24, registering a robust 158% year-over-year increase, underlining the improved per-share value for stakeholders.
Gross Booking Value Jumps Sharply
OYO witnessed a substantial rise in its Gross Booking Value (GBV), which climbed by 54% year-on-year, reaching ₹16,436 crore in FY25. This jump in bookings was largely propelled by the company's premium hospitality segments, such as Townhouse Hotels and Sunday Hotels, both falling under its Company-Serviced Portfolio.
Healthy Revenue Growth Fueled by Expansion
The company’s total revenue for FY25 stood at ₹6,463 crore, marking a 20% year-on-year growth. This financial leap was supported by its expanding international footprint across India, the UK, Southeast Asia, and the Middle East. Additionally, the integration of G6 Hospitality, a strategic acquisition, contributed positively to this uptick.
Record-Breaking Q4 Performance
In the fourth quarter alone, OYO posted its strongest numbers to date. The GBV for Q4 FY25 was ₹6,379 crore, up 126% from Q4 of FY24. Revenue for the same quarter came in at ₹1,872 crore, reflecting a 41% year-over-year increase. Meanwhile, adjusted EBITDA reached ₹442 crore, up 61% compared to the same quarter the previous year.
Premium Segment Boost Through Sunday Hotels
OYO has significantly expanded its premium service offerings over the past year. It launched over 30 Sunday Hotels across prominent regions including India, the UAE, Saudi Arabia, and Southeast Asia. These properties have played a vital role in pushing the company’s premium experience and driving both revenue and bookings.
Expanding Global Presence
OYO’s current global network is vast and rapidly growing. The platform now manages approximately 22,700 hotels and 1,19,900 homes, along with an active portfolio of 91,300 listings worldwide. This wide-ranging global presence reinforces its dominance in the travel tech and hospitality ecosystem.
Conclusion: Strategy-Driven Success
OYO’s stellar performance in FY25 reflects its focused business model—centered on scaling premium offerings, expanding global operations, and maintaining financial discipline. The impressive growth in PAT, EBITDA, GBV, EPS, and revenue makes OYO not only a startup success but also a benchmark for sustainable profitability in the tech-driven hospitality sector.
With these results, OYO has not just turned a financial corner but has set new standards for what Indian startups can achieve on a global stage.