Oyo cuts losses to 10% of overall sales in 2018-19

In value terms, however, Oyo's losses are estimated to have risen to ?51.18 crore in 2018-19 from ?36 crore in 2017-18.Oyo has more than halved its net loss from 45% of overall sales to 20% in 2017-18 and plans to bring it down further;