OYO parent PRISM’s revenue rises 35% to Rs 2,814 Cr in Q1 FY27
PRISM's hotel segment bookings grew 30% year-on-year, while the vacation homes business recorded 28% growth in bookings.
PRISM, the parent company of the OYO hospitality chain, reported a significant increase in revenue for the first quarter of financial year 2027, with consolidated profit after tax (PAT) rising 35% to Rs 2,814 crore. This represents a 17% growth from Rs 301 crore in the same period last year. The company's revenue from operations also increased by 35% to Rs 2,814 crore, up from Rs 2,078 crore in the previous quarter.
Growth was observed across both its hotel segment and vacation homes businesses, with hotel segment bookings increasing 30% year-on-year and vacation homes bookings growing by 28%. PRISM Founder Ritesh Agarwal, addressing shareholders at the Extraordinary General Meeting, stated that the company continues to grow while generating healthy operating earnings, thanks to investments in technology, brands, and distribution capabilities.
The company's geographically diversified business, with North America being a key market post-acquisition of G6 Hospitality, contributed approximately Rs 14,000 crore in Gross Booking Value in FY26. PRISM's profitability indicators also showed improvement, with EBITDA rising 24% year-on-year to Rs 760 crore and adjusted EBITDA increasing 35% to Rs 589 crore.
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