OYO posts over Rs 200 Cr profit in Q1 FY26; rebrands parent as PRISM Life

Share via:


Oravel Stays Limited, which operates OYO, kicked off FY26 on a strong note with profits more than doubling in the first quarter of the ongoing fiscal year.

As per the company’s annual report 2024-25, OYO clocked a profit after tax (PAT) of over Rs 200 crore in Q1 FY26, a sharp jump from Rs 87 crore in the same quarter last year.

The report further highlighted that the company achieved an EBITDA of Rs 550 crore during the quarter, while revenues surged 47% year-on-year to Rs 2,019 crore. Its gross booking value (GBV) grew 144% YoY to Rs 7,227 crore,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

OYO posts over Rs 200 Cr profit in Q1 FY26; rebrands parent as PRISM Life


Oravel Stays Limited, which operates OYO, kicked off FY26 on a strong note with profits more than doubling in the first quarter of the ongoing fiscal year.

As per the company’s annual report 2024-25, OYO clocked a profit after tax (PAT) of over Rs 200 crore in Q1 FY26, a sharp jump from Rs 87 crore in the same quarter last year.

The report further highlighted that the company achieved an EBITDA of Rs 550 crore during the quarter, while revenues surged 47% year-on-year to Rs 2,019 crore. Its gross booking value (GBV) grew 144% YoY to Rs 7,227 crore,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

At White House dinner, Trump lauds Nadella, Pichai amid...

US President Donald Trump has applauded Microsoft CEO...

Report: Gavin and Stacey sitcom stars sign up to...

The stars of Gavin and Stacey, one of...

Is GPT-5 a Coding Powerhouse or Maintainability Nightmare?

It’s been a few weeks since OpenAI’s latest...

Popular

IPTV Portugal IPTV Portugal IPTV Portugal IPTV Portugal weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes recipe recipe recipe iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv
IPTV IPTV IPTV IPTV IPTV IPTV IPTV IPTV