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Oyo’s Annual Losses Rise Sixfold To Rs. 2,385 Crore
Oyo might be expanding into different geographies and different verticals, but the growth isn’t coming cheap. Oyo has registered a loss of Rs. 2,385 crore for this fiscal year. This is a sixfold rise from its losses of Rs. 360 crore the previous year. These numbers are, however, from Oyo’s unaudited statements, and have been prepared by a valuation expert. “We would like to clarify again that these are not the final audited financials and the same...