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Oyo reports first-ever PAT of Rs 229 crore
Oyo announced its first-ever profit after tax of Rs 229 crore for FY24, driven by consecutive growth in Adjusted EBITDA. The company expanded globally, notably in Europe and the US. Acquisitions included Paris-based Checkmyguest group. Oyo's inventory increased significantly, reaching 18,103 hotels by the end of FY24.