Net loss of the company in the quarter stood at Rs 333 crore. This was also an improvement. Net loss in the previous quarter was Rs 414 crore. Revenues during the first six months of the year increased y-o-y by 24% to Rs 2,905 crore. Average monthly revenue per Oyo Hotel increased y-o-y by 69% to Rs 3.78 lakh.
Oyo is planning for an IPO in 2023. It has already submitted its DRHP with SEBI. Improvement in operational and financial performance in the period leading to its IPO can make its IPO a success.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.