Prism's hotel segment bookings grew 30 per cent year-on-year, while the vacation homes business recorded 28 per cent growth in bookings
IPO-bound Prism, parent entity of hospitality chain Oyo, has posted a consolidated profit after tax (PAT) of Rs 353 crore in the first quarter ended June, registering 17 per cent growth from Rs 301 crore in the year-ago period.
The quarterly profit included a deferred-tax credit of approximately Rs 244 crore, according to the company's audited financials seen by PTI.
Prism's revenue from operations increased 35 per cent to Rs 2,814 crore in the first quarter of FY2026-27, compared with Rs 2,078 crore in the corresponding quarter last year, the audited financials showed.
The company's Gross Booking Value grew 30 per cent to nearly Rs 9,600 crore in the same period.