In a landmark achievement, OYO has reported a net profit of ₹623 crore for the fiscal year 2024–25 (FY25), marking a 172% increase from ₹229 crore in FY24. This milestone positions OYO as India's most profitable startup, as announced by founder and CEO Ritesh Agarwal during a recent townhall meeting.

The company's revenue grew by 20% year-on-year to ₹6,463 crore, driven by a 54% surge in Gross Booking Value (GBV), which reached ₹16,436 crore. Adjusted EBITDA rose 27% to ₹1,132 crore, marking the tenth consecutive quarter of EBITDA-level profitability.

OYO's Q4 FY25 performance was particularly strong, with revenue increasing 41% year-on-year to ₹1,872 crore and adjusted EBITDA rising 61% to ₹442 crore. The company expanded its managed properties from 7 to 256 over the year and now operates approximately 22,700 hotels and 119,900 homes globally.

Strategic acquisitions, including France-based Checkmyguest and US-based G6 Hospitality, have bolstered OYO's international presence. Despite these successes, the company has reportedly postponed its IPO plans to March 2026, citing market volatility.

This financial turnaround underscores OYO's resilience and strategic focus, setting a new benchmark in the Indian startup ecosystem.