
CosmicTaco
OYO Projects INR 1,100 Cr Net Profit by FY26
- OYO's founder, Ritesh Agarwal, expects the company to achieve a net profit of INR 1,100 Cr in FY26.
- The financial boost is anticipated due to the acquisition of US-based G6 Hospitality.
- G6 Hospitality is expected to contribute an EBITDA of INR 630 Cr in the upcoming financial year.
- Agarwal remains optimistic despite pressure from creditors to expedite OYO’s IPO.
- OYO’s IPO plans have faced delays, with potential lender pressure if not listed by October.
Source: Inc42
9mo ago
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