Oravel Stays Ltd which operates travel tech brand OYO reported that it has doubled its profit after tax (PAT) sequentially in Q3 FY24 to ~INR 30 crore. The company had marked its maiden profitable quarter with a PAT of over ~INR 16 crore in Q2 FY24. OYO’s Founder & CEO, Ritesh Agarwal, during an employee […]
OYO’s Profit Doubles to INR 30 cr Read More »
Hyderabad, Telangana, India At Tanla, we have a defining purpose ‘Empower Consumers and Enable Companies’. We have always operated in a manner where our business model goes beyond delivering our financial objectives and delivered social and ethical outcomes. Our approach to tax is guided by the same philosophy. We recognize that a responsible approach towards taxation
DanCenter, Denmark’s leading vacation home management company clocked ~15% growth in revenue or GBV (Gross Booking Value) in the first quarter of 2023, compared to the same period in 2022. The company’s revenue grew ~93% in this period versus the last quarter of 2022, demonstrating a strong summer booking season. DanCenter witnessed highest revenue growth
DanCenter clocks 15% growth in revenue in 2023 Read More »
United States Global rating agency Moody’s (Moody’s Investors Service) has reported that it expects IPO-bound OYO (Oravel Stays Limited) to remain EBITDA positive for FY24 and the overall outlook to remain stable. Moody’s in its latest ratings update said that OYO will generate EBITDA of around $50 -$55 million in FY2024, supported by a strong
