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IPO-bound Oyo parent Prism posts 17% rise in profit to ₹353 cr for Q1FY27

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Core Development: IPO-bound Oyo parent Prism posts 17% rise in profit to ₹353 cr for Q1FY27
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Market & Financial Impact: Prism's revenue from operations increased 35% to ₹2,814 crore in the first quarter of FY2026-27, compared with ₹2,078 crore in the corresponding quarter last year, the audited financials showed
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

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.

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Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Business Standard ↗
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