India, Feb. 10 -- Hospitality giant OYO's profit after tax (PAT) jumped nearly 6X to INR 166 Cr in the third quarter ended December (Q3 FY25) from INR 25 Cr in the year ago period, sources told Inc42.
The company's revenue also increased 31% to INR 1,695 Cr in the quarter under consideration from INR 1,296 Cr in the year ago period.
OYO has declined to comment on Inc42's queries pertaining to the development.
The company has achieved an adjusted EBITDA of INR 249 Cr in Q3 FY25 as per provisional numbers. This is a 22% increase from INR 205 Cr in Q3 FY24.
"OYO was able to demonstrate its ability to run profitable operations, but the topline growth trajectory was a question mark. The renewed focus on revenue growth has borne results wit...
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