OYO Turns Profitable in FY24 with Net Profit of INR 229.5 Cr, Cuts Employee Costs to Control Expenses

According to INC42 ,IPO-bound hospitality unicorn OYO achieved profitability in the financial year 2023-24 (FY24), posting a net profit of INR 229.5 Cr, a significant turnaround from the previous year’s net loss of INR 1,286.5