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flag PRISM, owner of OYO, gained shareholder approval for a ₹6,650 crore IPO and reported strong financial growth in Q1 FY26.

flag PRISM, parent company of OYO, secured shareholder approval on December 20, 2025, for a proposed IPO to raise up to ₹6,650 crore through fresh equity shares, pending regulatory and market conditions. flag Shareholders also approved a bonus issue. flag Moody’s maintained a stable rating, projecting PRISM’s EBITDA to reach $280 million in fiscal 2026, driven by premium segment expansion and cost efficiencies. flag OYO reported a PAT of over ₹200 crore in Q1 FY26, more than doubling from the prior year, with revenue up 47% and gross booking value surging 144%, attributed to new openings, premiumization, and improved occupancy.

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