Oyo’s profit stands at Rs 158 crore for Q2, revenue up 12 per cent

Travel-tech company Oravel Stays, the parent of Oyo, reported a net profit of Rs 158 crore in Q2FY25, reflecting a 20% increase over the Rs 132 crore profit recorded in Q1, founder and CEO Ritesh Agarwal announced during a townhall, sources said.

Oyo’s revenue in Q2 surged by 12% to Rs 1,578 crore, up from Rs 1,413 crore in Q1. The company had reported its first-ever profitable quarter during the same period last year, with a net profit of Rs 16 crore.