Oyo Parent PRISM Reports 17% Profit Rise, 35% Revenue Growth in Q1
Oyo parent company PRISM reported a 35% year-on-year revenue increase to Rs 2,814 crore in Q1FY27, with net profit rising 17% to Rs 353 crore. Gross Booking Value grew 30% to Rs 9,600 crore, and EBITDA increased 24% to Rs 760 crore. Founder Ritesh Agarwal cited growth in hotels, vacation homes, technology investments, and AI-driven efficiencies.
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