Oyo Posts Rs 132 Crore Profit; Rebel Foods Revenue Rises to Rs 1,420 Crore, Losses Down 42%

Oyo reported a net profit of Rs 132 crore for the first quarter of FY25. In other earnings news, Brainbees Solutions, the parent company of FirstCry, announced a narrowed loss of Rs 76 crore alongside a 17% increase in revenue. The company had a cash balance of Rs 450 crore as of June 2024. Rebel Foods also reported a revenue increase of 19% to Rs 1,420 crore for FY24, while its losses were reduced by 42% to Rs 378 crore from Rs 656 crore the previous year. Several companies, including Brainbees Solutions, Unicommerce Esolutions, Apis India, Omansh Enterprises, and Pearl Green Clubs and Resorts, are set to release their quarterly earnings on August 30, 2024.