{"id":43516,"date":"2025-11-15T16:57:35","date_gmt":"2025-11-15T11:27:35","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/15\/pravegs-h1-fy26-consolidated-total-income-up-28-94\/"},"modified":"2025-11-15T16:57:35","modified_gmt":"2025-11-15T11:27:35","slug":"pravegs-h1-fy26-consolidated-total-income-up-28-94","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/15\/pravegs-h1-fy26-consolidated-total-income-up-28-94\/","title":{"rendered":"Praveg\u2019s H1 FY26 Consolidated Total Income Up 28.94%"},"content":{"rendered":"<div>\n<p><strong><span data-sheets-root=\"1\">Ahmedabad (Gujarat) [India], November 15: <\/span>Praveg Limited (BSE \u2013 531637),<\/strong> India\u2019s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q2 FY26.<\/p>\n<h3>Key Financial Highlights<\/h3>\n<h4>Q2 FY26<\/h4>\n<p><strong>Consolidated<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 37.84 Cr against \u20b9 35.58 Cr in Q2 FY25, up 5.98%.<\/li>\n<li>EBITDA of \u20b9 3.96 Cr against \u20b9 10.58 Cr in Q2 FY25, down 62.62%.<\/li>\n<li>Net Loss of \u20b9 9.22 Cr against Net Profit of \u20b9 1.40 Cr in Q2 FY25.<\/li>\n<li>EPS of (3.70) against 0.55 in Q2 FY25.<\/li>\n<\/ul>\n<p><strong>Standalone<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 26.67 Cr against \u20b9 27.81 Cr in Q2 FY25, Down4.10%.<\/li>\n<li>EBITDA of \u20b9 0.41 Cr against \u20b9 8.66 Cr in Q2 FY25, down 95.21%.<\/li>\n<li>Net Loss of \u20b9 10.13 Cr against Net Profit of \u20b9 1.43 Cr in Q2 FY25.<\/li>\n<li>EPS of (3.88) against 0.56 in Q2 FY25.<\/li>\n<li>Net loss of \u20b9 9.13 Cr after considering applicability of IND AS 116 \u201cROU on Lease Asset\u201d.<\/li>\n<li>Total Depreciation is \u20b9 8.16 Cr for Q2 FY26<\/li>\n<\/ul>\n<h4>H1 FY26<\/h4>\n<p><strong>Consolidated<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 77.71 Cr against \u20b9 60.27 Cr in H1 FY25, up 28.94%.<\/li>\n<li>EBITDA of \u20b9 10.17 Cr against \u20b9 18.21 Cr in H1 FY25, down 62.62%.<\/li>\n<li>Net Loss of \u20b9 14.97 Cr against Net Profit of \u20b9 2.17 Cr in H1 FY25.<\/li>\n<li>EPS of (6.05) against 0.85 in H1 FY25.<\/li>\n<\/ul>\n<p><strong>Standalone<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 56.55 Cr against \u20b9 52.49 Cr in H1 FY25, up7.73%.<\/li>\n<li>EBITDA of \u20b9 3.72 Cr against \u20b9 16.29 Cr in H1 FY25, down 77.18%.<\/li>\n<li>Net Loss of \u20b9 16.71 Cr against Net Profit of \u20b9 2.19 Cr in H1 FY25.<\/li>\n<li>EPS of (6.39) against 0.86 in H1 FY25.<\/li>\n<li>Net loss of \u20b9 14.76 Cr after considering applicability of IND AS 116 \u201cROU on Lease Asset\u201d.<\/li>\n<li>Total Depreciation is \u20b9 15.98 Cr for H1 FY26.<\/li>\n<\/ul>\n<h4>Key\u00a0Operation Highlights<\/h4>\n<p><strong>Key Highlights\u00a0for\u00a0Q2\u00a0FY26<\/strong><\/p>\n<ul>\n<li>Hospitality and Event segment\u2019s Revenue contributed \u20b9 26.29 Cr<\/li>\n<li>Advertisement Segment Contributed \u20b9 11.21 Cr<\/li>\n<li>The company has a total of 825+ Rooms across 17 operational resorts and one hotel.<\/li>\n<li>Letter of Award (LoA) dated August 2, 2025, from Deputy Conservator of Forest, Porbandar Forest Division, Porbandar, for Event Management Work for the Upcoming Hobble Chief Minister Event \u201cWorld Lion Day 2025\u201d at Timdi, Ta. Bhanvad, Dist. Devbhumi Dwarka, Gujarat, on 10th August, 2025.<\/li>\n<li>Operations at Praveg Adalaj Theme Park \u2013 A Landmark Destination for Premium Events have officially commenced on September 25, 2025.<\/li>\n<\/ul>\n<p><strong>Commenting on the results, Mr Vishnu Patel, Chairman, Praveg Limited, said:<\/strong><\/p>\n<blockquote>\n<p>\u201cH1 FY26 has demonstrated strong top-line momentum, with consolidated total income growing 28.94% to \u20b977.71 crore, driven by the continued expansion of our hospitality portfolio and consistent performance in our events and advertising businesses. While margins were impacted due to higher operating costs at newly launched properties\u00a0and\u00a0four seasonal properties that remained closed during Q2 FY26\u00a0and initial ramp-up expenses related to recent expansions, these effects are temporary and inherent to the scale-up phase of new destinations.\u00a0In addition, profitability was affected by the fixed lease commitments payable to the Government under the PPP model for our resorts, which continue even during periods of lower occupancy in non-season months and for seasonal properties that remained closed during Q2 FY26.<\/p>\n<p>With a portfolio of over 825 rooms across 17 operational resorts, along with one five-star hotel, we are well-positioned for sustained operational leverage. As occupancy levels mature and efficiencies normalise, we anticipate meaningful improvement in profitability metrics.<\/p>\n<p>The launch of new initiatives, most notably the Praveg Adalaj Theme Park, will further strengthen our growth trajectory. Our strategy remains firmly focused on disciplined expansion, operational excellence, and enhancing our eco-responsible luxury offerings. We remain confident in delivering sustainable long-term growth and creating enduring value for all stakeholders.\u201d<\/p>\n<\/blockquote>\n<p><em> If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ahmedabad (Gujarat) [India], November 15: Praveg Limited (BSE \u2013 531637), India\u2019s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q2 FY26. Key Financial Highlights Q2 FY26 Consolidated Total Income of \u20b9 37.84 Cr against \u20b9 35.58 Cr in Q2 FY25, up 5.98%. EBITDA of \u20b9 3.96 Cr against \u20b9 10.58 Cr&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/15\/pravegs-h1-fy26-consolidated-total-income-up-28-94\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Praveg\u2019s H1 FY26 Consolidated Total Income Up 28.94%&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":43517,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-43516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=43516"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/43517"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=43516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=43516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=43516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}