Oyo Parent PRISM Reports Q1 PAT Surge to Rs 353 Crore, Marking 17% YoY Growth and 35% Revenue Jump.
In the first quarter of financial year 2026-27, PRISM Holdings, the parent company of Oyo, reported a notable 35% year-on-year increase in consolidated revenue from operations, totaling Rs 2,814 crore compared to Rs 2,078 crore in the same period last year. The company’s profitability also showed robust growth, with consolidated profit after tax rising 17% to Rs 353 crore. However, it’s essential to note that this quarterly profit figure included a significant deferred tax credit of approximately Rs 244 crore, which may potentially skew the perceived operational performance.
The Gross Booking Value (GBV) drove the revenue growth, soaring 30% to approximately Rs 9,600 crore from Rs 7,408 crore in Q1 of the previous fiscal year. EBITDA also showed strength, climbing 24% to Rs 760 crore, with adjusted EBITDA net of lease expenses seeing a 35% increase to Rs 589 crore. The performance indicates a broad-based growth across PRISM’s hotel and vacation home segments, with bookings in the hotel division up by 30% and vacation homes up by 28%, demonstrating the effectiveness of the company’s strategic investments in expanding brand presence and improving operating efficiencies.
Founder Ritesh Agarwal emphasized at the company’s Extraordinary General Meeting (EGM) that ongoing investments in technology and distribution capabilities were crucial to achieving these results. He highlighted the role of artificial intelligence in operations, indicating that AI was being integrated to enhance efficiency and customer service. The company’s technology platform, which supports pricing and property management operations, is expected to play a significant part in sustaining this growth trajectory, particularly in diversified geographical markets like North America where G6 Hospitality contributed significantly to the GBV.
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The significant revenue and profit growth underscore PRISM’s strategic positioning in the hospitality sector. Investors may consider these results as a positive indicator of the company’s operational robustness and potential for continued expansion, particularly in technologically driven markets.
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Source: The Economic Times
(Expert Note: This intelligence brief was structured and verified by the Wealthova editorial desk.)