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moves money MEDIANAMA September 03, 2026

Prism FY26: OYO parent sees 89% growth in gross booking value, driven by G6 Hospitality

AI Summary

IPO-bound Prism, the parent entity of OYO, closed fiscal 2026 on a solid note, with its net profit surging more than 4X, driven primarily by growth in its North America business. The hospitality technology company reported a net profit of Rs 994 crore in FY26, compared with Rs 245 crore a year before. However, the FY26 net profit also included a deferred tax credit of Rs 678 crore, according to the company’s annual report .

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