{"id":870008,"date":"2024-10-25T08:21:56","date_gmt":"2024-10-25T02:51:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=870008"},"modified":"2024-10-25T08:35:07","modified_gmt":"2024-10-25T03:05:07","slug":"oyos-profit-stands-at-rs-158-crore-for-q2-revenue-up-12-per-cent","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/25\/oyos-profit-stands-at-rs-158-crore-for-q2-revenue-up-12-per-cent\/","title":{"rendered":"Oyo\u2019s profit stands at Rs 158 crore for Q2, revenue up 12 per cent"},"content":{"rendered":"<p>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. <\/p>\n<p>Oyo\u2019s 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s 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.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-870008","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/870008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=870008"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/870008\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=870008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=870008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=870008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}