IPO-bound OYO parent Prism's profit jumps fourfold to ₹994 crore in FY26
Hospitality technology firm Prism, the parent company of OYO, closed FY26 on a solid note, with its net profit surging more than fourfold, driven largely by growth in its North American business. The company reported a net profit of ₹994 crore in FY26, marking a 305% jump from ₹245 crore in FY25.
However, the FY26 net profit also included a ₹678 crore deferred-tax credit, PTI reported, citing the company's annual report. The hospitality firm's consolidated revenue from operations increased 49.7% to ₹9,358 crore, while EBITDA (earnings before interest, taxes, depreciation, and amortisation) more than doubled to ₹2,594 crore during FY26.
The company, which started out as a budget hotel aggregator in India, now derives over 80% of its revenue from global operations, supported by its extensive international expansion in recent years.
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August 29, 2026