OYO's FY22 revenue rises to ₹4,905 cr, loss narrows to ₹1,851 cr

Travel-tech company OYO filed financial documents with SEBI stating that its revenue rose 18% to ₹4,905 crore in FY22 from the previous year, while net loss narrowed 45% to ₹1,851 crore. OYO clocked EBITDA (earnings before interest, taxes, depreciation and amortisation) profit of ₹10.6 crore for June quarter. The company is behind pre-COVID annual revenue of ₹13,413 crore in FY20.