After 75% Fall In Valuation, Oyo Rooms Reports Its Profit Of Rs. 229 Crore
Oyo Rooms, a well-known name in the budget hotel industry, has achieved a major milestone. The company has reported its first-ever profit after tax (PAT) of Rs. 229 crore for the financial year 2023-24 (FY24). This accomplishment is particularly significant, as it comes after a steep 75% drop in Oyo’s valuation. Despite the challenges, Oyo…