Oyo achieves EBITDA positive, reduces losses. OYO, the Softbank-backed hotel aggregator, has reported an EBITDA of Rs 7 crore (around $1 mn) adjusted for the first quarter of FY23 and driven by an increase in gross booking value (GBV) and improved unit economics. EBITDA margins increased marginally by +0.5 per cent in Q1 FY23, from … Continue reading Oyo reports its first EBITDA positive quarter, reduces FY22 losses