{"id":54120,"date":"2026-08-14T19:38:04","date_gmt":"2026-08-14T14:08:04","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/08\/14\/pravegs-q1-fy27-consolidated-total-income-up-15-92-to-46-21-cr\/"},"modified":"2026-08-14T19:38:04","modified_gmt":"2026-08-14T14:08:04","slug":"pravegs-q1-fy27-consolidated-total-income-up-15-92-to-46-21-cr","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/08\/14\/pravegs-q1-fy27-consolidated-total-income-up-15-92-to-46-21-cr\/","title":{"rendered":"Praveg\u2019s Q1 FY27 Consolidated Total Income up 15.92% to 46.21 Cr"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>Ahmedabad (Gujarat) [India], August 14: Praveg Limited (BSE \u2013 531637)<\/strong>,\u00a0India\u2019s leading eco-responsible luxury resorts company,\u00a0reported its Unaudited\u00a0Financial Results for the\u00a0Q1 FY27.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Key Financial Highlights<\/strong><\/p>\n<p class=\"wp-block-paragraph\"><strong>Q1 FY 27<\/strong><\/p>\n<p class=\"wp-block-paragraph\"><strong>Consolidated<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Total Income of \u20b9 46.21 Cr\u00a0<\/li>\n<li>EBITDA of \u20b9 3.90 Cr\u00a0<\/li>\n<li>Net Loss of \u20b9 13.23 Cr\u00a0<\/li>\n<li>EPS of (5.06)\u00a0<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Standalone<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Total Income of \u20b9 29.81 Cr\u00a0<\/li>\n<li>EBITDA of \u20b9 (2.62) Cr\u00a0<\/li>\n<li>Net Loss of \u20b9 13.30 Cr\u00a0<\/li>\n<li>EPS of (5.09)\u00a0<\/li>\n<li>Total Impact of applicability of IND AS 116 \u201cROU on Lease Asset\u201d is \u20b9 3.60 Cr comprise of Depreciation on ROU Asset amounting \u20b9 1.89 Cr and Interest on Lease Liability amounting \u20b9 1.71 Cr, whereas the actual Lease rent paid in the Quarter Amounts \u20b9 2.60 Cr, which impact the PBT by \u20b9 1 Cr.<\/li>\n<li>Total Depreciation provided on Assets of 17 Resorts and Hotel during the Q1 2027 amounted to \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u20b9 8.18 Cr against \u20b97.82 Cr Q1 2026.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Key Operation Highlights<\/strong><\/p>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td>Hospitality and Event segment\u2019s Revenue contributed \u20b929.80 Cr<br \/>Advertisement Segment Contributed \u20b916.21 Cr<br \/>The company is having total 825+ Rooms across 17 operational resorts and one hotel.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>Commenting on the results, Mr. Vishnu Patel, Chairman, Praveg Limited said:<\/strong><br \/>\u00a0\u201cQ1 FY27 reflects strong top-line momentum, with Consolidated total income growing by 15.92 % to \u20b946.21 crore, driven by our expanding hospitality footprint and continued traction in events and advertisement segments.Our strategy remains firmly focused on disciplined expansion, operational efficiency, and strengthening our eco-responsible luxury portfolio, positioning Praveg for sustainable long-term growth and value creation.\u201d<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>About\u00a0<\/strong><strong>Praveg Limited<\/strong><\/p>\n<p class=\"wp-block-paragraph\">Praveg is a pioneer in eco-responsible luxury hospitality. The Company\u2019s resorts are located in areas of significance from a cultural and heritage point of view and places of exotic and natural beauty. The company\u2019s luxury resorts allow access to locations, where no traditional construction is possible, which allows tourism to flourish while ensuring the preservation of delicate local ecosystems. Due to the premium quality of the company\u2019s resorts and the high-end experience, the resorts enjoy very high occupancy, strong pre-sales at luxury hotel rates and a high return on capital due to the non-permanent structure of the resort.<\/p>\n<p class=\"wp-block-paragraph\">Praveg is also a strong player in events due to its roots in event management and expertise in creating large, non-permanent, world-class structures in very short periods of time. The Events division has recently diversified into Weddings and Banquets hotels.<\/p>\n<p class=\"wp-block-paragraph\"><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ahmedabad (Gujarat) [India], August 14: Praveg Limited (BSE \u2013 531637),\u00a0India\u2019s leading eco-responsible luxury resorts company,\u00a0reported its Unaudited\u00a0Financial Results for the\u00a0Q1 FY27. Key Financial Highlights Q1 FY 27 Consolidated Total Income of \u20b9 46.21 Cr\u00a0 EBITDA of \u20b9 3.90 Cr\u00a0 Net Loss of \u20b9 13.23 Cr\u00a0 EPS of (5.06)\u00a0 Standalone Total Income of \u20b9 29.81 Cr\u00a0&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2026\/08\/14\/pravegs-q1-fy27-consolidated-total-income-up-15-92-to-46-21-cr\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Praveg\u2019s Q1 FY27 Consolidated Total Income up 15.92% to 46.21 Cr&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":54121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-54120","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\/54120","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=54120"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/54120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/54121"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=54120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=54120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=54120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}