OYO, the global hospitality chain, has announced a remarkable financial performance for the fiscal year ending March 31, 2025, with a profit after tax (PAT) of approximately $72 million. This achievement not only underscores a 172% increase from the previous year's $27 million but also positions OYO as the most profitable Indian startup. The company's adjusted EBITDA saw a 27% year-over-year growth to $132 million, marking its tenth consecutive quarter of EBITDA profitability.
The company's financial success is attributed to its strategic expansions and premium offerings, including the launch of over 30 Sunday Hotels across various regions such as India, Saudi Arabia, UAE, and Southeast Asia. OYO's Gross Booking Value (GBV) surged by 54% to $1.92 billion, with revenues growing by 20% to $754 million. The fourth quarter of FY25 was particularly strong, with GBV reaching $744 million, a 126% increase compared to the same period last year, driven by the acquisition of G6 Hospitality and the growth of its hotels business in India, USA, and the SEAME region.
OYO's global footprint now encompasses approximately 22,700 hotels and 119,900 homes, alongside 91,300 listings on its platform. The company has notably strengthened its presence in developed markets, especially in the US, where it experienced a 55% growth in storefronts and a 45% increase in GBV during FY25. International rating agencies, including Moody's, have recognized OYO's improved profitability and credit metrics, upgrading the company's rating in light of its financial performance.
Looking ahead to FY26, OYO's founder, Ritesh Agarwal, has set ambitious targets, including achieving over $233 million in EBITDA and $1.31 EPS. The company anticipates its US operations to be a key growth driver, with a projected consolidated GBV growth of 3.4x in FY26 compared to FY25. OYO's performance in FY2025 has not only outpaced its own historical financial metrics but also outperformed leading hospitality players such as Lemon Tree, Ixigo, and Royal Orchid in terms of revenue growth, although it trailed behind IHCL.
