Oyo reported a net profit of over 200 crore rupee (US$22.7 million) for Q1 FY26, up from 87 crore rupee (US9.9 million) year-on-year, as revenue rose 47% to 2,019 crore rupee (US$228.9 million).

Gross booking value jumped 144% to about 7,227 crore rupee (US$819.5 million), while occupancy rates at company-serviced hotels operating for more than six months stayed above 70%.

For FY25, Oyo posted revenue of 6,252 crore rupee (US$709 million) and net profit of about 244 crore rupee (US$27.7 million), with profit impacted by early loan repayments.

The company said these repayments will provide a recurring annual benefit of about 50 crore rupee (US$5.7 million).

Oyo’s board will also consider a 1:1 bonus share issue at its AGM on September 26, with eligible shareholders determined as of September 30.

🔗 Source: YourStory

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