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OYO Parent PRISM Reports 17% Profit Rise to ₹353 Crore in Q1
Startup

OYO Parent PRISM Reports 17% Profit Rise to ₹353 Crore in Q1

7 Nov 2026, 7:00 am · 15h ago · 1 min read · Inc42

PRISM, the parent company of hospitality giant OYO, reported a 17.3% year-on-year increase in consolidated profit after tax to ₹353 crore for Q1 FY27, up from ₹301 crore. Net profit was supported by a deferred tax credit of approximately ₹244 crore. The IPO-bound company saw operating revenue surge 35% to ₹2,814 crore, compared to ₹2,078 crore in Q1 FY26. Operating EBITDA expanded 24.3% to ₹760 crore, while gross booking value rose 30% to nearly ₹9,600 crore. Founder Ritesh Agarwal attributed the financial growth to investments in technology, distribution, and brand expansion across hotels.