OYO reports revenue at Rs 1,459 crore in April-June

Hospitality and travel-tech firm OYO has reported a revenue of Rs 1,459.32 crore in the three-month period ended June 30, 2022, according to a regulatory filing.

The IPO-bound company, which had last year in October filed preliminary papers with Sebi to raise Rs 8,430 crore through an initial share sale, also posted an “adjusted EBITDA” of Rs 7.27 crore in the quarter ended June 30, 2022.

“Our revenue from contracts with customers for the three-month period ended June 30, 2022 was Rs 14,593.17 million,” OYO said in an updated filing to Sebi.

For FY22, revenue from contract with customers was at Rs 4,781.4 crore. In FY21 it was at Rs 3,961.65 crore; Rs 13,168.15 crore in FY20 and Rs 6,329.74 crore in FY19, it added.