Ahead of IPO, Oyo parent PRISM logs Rs 245 crore profit in FY25
Oyo's parent company, PRISM, has reported a profit of Rs 245 crore for the financial year ending March 31, 2025. Revenue grew to Rs 6,253 crore. The company has filed confidential IPO papers with SEBI. This follows a previous withdrawal of IPO pla...
As per the filings seen by ET, during financial year 2025, PRISM’s revenue rose around 20% year-on-year to Rs 6,253 crore, driven by growth in its company-serviced portfolio, as well as the integration of G6 Hospitality. Without the deferred tax benefit, the company reported a loss before tax of Rs 500 crore, up from Rs 226 crore in financial year 2024. The company reported an uptick in its finance costs to Rs 959 crore in financial year 2025, up from Rs 844 crore in financial year 2024. Depreciation, depletion, and amortisation expenses went up to Rs 484 crore, up from Rs 200 crore in financial year 2024.
As of March 31, 2025, PRISM’s global network comprised approximately 21,000 hotels and 120,000 homes across more than 35 countries, as per its financial year 2025 annual report. PRISM has filed confidential IPO papers with SEBI. The company had earlier secured shareholder approval to raise up to Rs 6,650 crore via the IPO.
PRISM had earlier initiated the IPO process in 2021 and filed offer documents with SEBI, followed by a subsequent filing incorporating updated financial and operational disclosures. The company later withdrew its IPO plans amid heightened global market volatility and a weakening macroeconomic environment.
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