The Assett Towers hotel in a bustling urban environment.
PRISM, the parent company of hospitality firm Oyo, has announced a net profit of Rs 748 crore for the nine-month period concluding December 31, 2025. This marks a notable financial turnaround for the company, which has historically reported losses.
The reported profit was significantly influenced by a deferred-tax credit amounting to Rs 559 crore. Despite this accounting adjustment, the company also demonstrated robust operational performance, generating Rs 1,594 crore in operating cash flow during the same period.
As PRISM gears up for its Initial Public Offering (IPO), a key component of its financial strategy involves the repayment of borrowings. The company plans to allocate Rs 4,987.5 crore from its IPO proceeds towards reducing its outstanding debt, a move expected to substantially lower finance costs.
This financial update provides a clearer picture of PRISM’s financial health as it navigates the path towards public market listing, with a focus on strengthening its balance sheet and improving profitability metrics.