OYO parent PRISM, which has filed its updated DRHP with SEBI for a Rs6,650 croreIPO, reported strong financial performance for the first nine months of FY26. The company posted a net profit of Rs 748 crore, including a Rs 559 crore deferred tax credit during the period. OYO reported Rs 6,941 crore in revenue from operations during the first nine months of FY26, surpassing its full-year FY25 revenue of Rs 6,253 crore by 11%, according to its updated draft red herring prospectus (UDRHP). The sale of accommodation services (Rs 3,811 crore) and booking commissions (Rs 2,215 crore) remained the largest revenue contributors for the SoftBank-backed firm, accounting for over 86% of its operating revenue. OYO also earned Rs 152 crore from rental income, while other operating income, including the sale of tours and packages, cancellation charges, value added services, and food and beverages, contributed another Rs 763 crore. Notably, more than 83% of OYO's revenue came from international markets, which contributed Rs 5,814 crore during the first nine months of FY26, while India accounted for the remaining Rs 1,127 crore. According to the company, its US business has emerged as one of its biggest growth drivers following the acquisition of G6 Hospitality, the operator of the Motel 6 and Studio 6 brands across the US and Canada. The company operates 43 brands across more than 35 countries. As of December 31, 2025, its network comprised 24,303 hotels, 124,668 homes and 144,583 listings, including 14,937 storefronts in India. The firm also booked around Rs 225 crore in non operating income, primarily from interest income and fair value gains following the loss of control over subsidiaries, taking its total income to Rs 7,166 crore during the first nine months of FY26. On the expense side, lease rentals and the service component of leases accounted for 26% of OYO's total expenditure, amounting to Rs 1,821 crore during the first nine months of FY26. This was significantly lower than the Rs 2,763 crore incurred during the full FY25. Finance costs and depreciation and amortisation expenses rose sharply to Rs 1,089 crore and Rs 793 crore, respectively, during the first nine months of FY26. The SoftBank-backed firm's employee benefits expense stood at Rs 753 crore during the first nine months of FY26, including Rs 66 crore towards ESOP costs. It also spent Rs 808 crore on commission and brokerage, while advertising and sales promotion expenses came in at Rs 342 crore Other overheads, including customer support, IT expenses, professional fees, rent, and other administrative costs, took OYO's total expenditure to around Rs 6,937 crore during the first nine months of FY26. Coming to the bottom line, the company reported a net profit of Rs 748 crore during the first nine months of FY26, which included a deferred tax credit of Rs 559 crore. Its EBITDA stood at around Rs 1,968 crore during the period. As of December 31, 2025, OYO had current assets of Rs 2,573 crore, incl
