India, March 5 -- Amid the growing buzz around its much-awaited IPO, travel tech major OYO's founder Ritesh Agarwal expects the startup's net profit to touch INR 1,100 Cr in the financial year 2025-26 (FY26).
A PTI report, citing projections shared by the founder with the startup's leadership team, said Agarwal expects an improvement in the top line due to its recent acquisition of US-based G6 Hospitality, the parent of Motel 6 and Studio 6.
OYO expects G6 Hospitality to contribute an EBITDA of INR 630 Cr in the upcoming financial year. "This contribution is anticipated to push OYO's combined EBITDA to over INR 2,000 Cr in FY26," the report cited a source as saying.
OYO declined to comment on the projections.
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