Tag: Praveg Limited

Praveg Limited Receives Letter of Award for Luxury Tourism Project in Meghalaya
Business, Press Release

Praveg Limited Receives Letter of Award for Luxury Tourism Project in Meghalaya

Ahmedabad (Gujarat) [India], February 27: Praveg Limited, India’s leading eco-responsible luxury resorts company, announced that it has received the Letter of Award (LoA) on February 25, 2026, from the Directorate of Tourism, Government of Meghalaya for the Development, Operation and Maintenance of Luxury Cottages located at Umiam in Meghalaya under Design, Build, Finance, Operate and Transfer (DBFOT) mode on Public-Private Partnership basis. The Company was declared the selected bidder for the project, and pursuant to the revised terms approved by the competent authority, the project envisages the development, operation and maintenance of a minimum of 40 (forty) luxury cottages on approximately 10 (ten) acres of land, along with allied amenities and supporting infrastructure. The Company ...
Praveg’s Q3 FY26 Standalone Total Income Up 69.46 Percent and Consolidated Total Income up 65.29 Percent
Business

Praveg’s Q3 FY26 Standalone Total Income Up 69.46 Percent and Consolidated Total Income up 65.29 Percent

Ahmedabad (Gujarat) [India], February 13: Praveg Limited(BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q3 FY26 & 9 Months FY26. Key Financial Highlights Q3 FY26 ConsolidatedTotal Income of ₹ 90.71 Cr against ₹ 54.88 Cr in Q3 FY25, up 65.29%. EBITDA of ₹ 26.51 Cr against ₹ 22.07 Cr in Q3 FY25, up 20.10%. Net Profit of ₹ 9.93 Cr against Net Profit of ₹ 10.45 Cr in Q3 FY25. EPS of 3.80 against 4.08 in Q3 FY25.Q3 FY26 StandaloneTotal Income of ₹ 73.68 Cr against ₹ 43.48 Cr in Q3 FY25, up 69.46%. EBITDA of ₹ 19.44 Cr against ₹ 17.52 Cr in Q3 FY25, up 10.96%. Net Profit of ₹ 8.50 Cr against Net Profit of ₹ 7.64 Cr in Q3 FY25. EPS of 3.25 against 2.96 in Q3 FY25. Total Impact of applicability of IND AS 116 “ROU on...
Praveg Launches Praveg Adalaj Theme Park – A Landmark Destination for Premium Events
Business, Press Release

Praveg Launches Praveg Adalaj Theme Park – A Landmark Destination for Premium Events

Ahmedabad (Gujarat) [India], September 26:Praveg Limited (BSE: 531637) is pleased to announce that operations at Praveg Adalaj Tourism Infrastructure Private Limited, a wholly owned subsidiary (WOS) and Special Purpose Vehicle (SPV) of the Company, have officially commenced today at Praveg Adalaj Theme Park, strategically located on the Ahmedabad – Gandhinagar Highway. The project has been developed under a Public-Private Partnership (PPP) with TCGL and is set up on a 30 years lease, reflecting a long-term commitment to building world-class event infrastructure in the region. As Ahmedabad and Gandhinagar rapidly emerge as India’s prominent event and convention hub, hosting global summits, cultural festivals, and high-profile corporate gatherings, Praveg Adalaj Theme Park adds a new d...