Ahmedabad (Gujarat) [India], November 15: Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q2 FY26.

Key Financial Highlights

Q2 FY26

Consolidated

  • Total Income of ₹ 37.84 Cr against ₹ 35.58 Cr in Q2 FY25, up 5.98%.
  • EBITDA of ₹ 3.96 Cr against ₹ 10.58 Cr in Q2 FY25, down 62.62%.
  • Net Loss of ₹ 9.22 Cr against Net Profit of ₹ 1.40 Cr in Q2 FY25.
  • EPS of (3.70) against 0.55 in Q2 FY25.

Standalone

  • Total Income of ₹ 26.67 Cr against ₹ 27.81 Cr in Q2 FY25, Down4.10%.
  • EBITDA of ₹ 0.41 Cr against ₹ 8.66 Cr in Q2 FY25, down 95.21%.
  • Net Loss of ₹ 10.13 Cr against Net Profit of ₹ 1.43 Cr in Q2 FY25.
  • EPS of (3.88) against 0.56 in Q2 FY25.
  • Net loss of ₹ 9.13 Cr after considering applicability of IND AS 116 “ROU on Lease Asset”.
  • Total Depreciation is ₹ 8.16 Cr for Q2 FY26

H1 FY26

Consolidated

  • Total Income of ₹ 77.71 Cr against ₹ 60.27 Cr in H1 FY25, up 28.94%.
  • EBITDA of ₹ 10.17 Cr against ₹ 18.21 Cr in H1 FY25, down 62.62%.
  • Net Loss of ₹ 14.97 Cr against Net Profit of ₹ 2.17 Cr in H1 FY25.
  • EPS of (6.05) against 0.85 in H1 FY25.

Standalone

  • Total Income of ₹ 56.55 Cr against ₹ 52.49 Cr in H1 FY25, up7.73%.
  • EBITDA of ₹ 3.72 Cr against ₹ 16.29 Cr in H1 FY25, down 77.18%.
  • Net Loss of ₹ 16.71 Cr against Net Profit of ₹ 2.19 Cr in H1 FY25.
  • EPS of (6.39) against 0.86 in H1 FY25.
  • Net loss of ₹ 14.76 Cr after considering applicability of IND AS 116 “ROU on Lease Asset”.
  • Total Depreciation is ₹ 15.98 Cr for H1 FY26.

Key Operation Highlights

Key Highlights for Q2 FY26

  • Hospitality and Event segment’s Revenue contributed ₹ 26.29 Cr
  • Advertisement Segment Contributed ₹ 11.21 Cr
  • The company has a total of 825+ Rooms across 17 operational resorts and one hotel.
  • 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 “World Lion Day 2025” at Timdi, Ta. Bhanvad, Dist. Devbhumi Dwarka, Gujarat, on 10th August, 2025.
  • Operations at Praveg Adalaj Theme Park – A Landmark Destination for Premium Events have officially commenced on September 25, 2025.

Commenting on the results, Mr Vishnu Patel, Chairman, Praveg Limited, said:

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