Tag: Praveg Limited

Praveg Atoll’s Bangaram Island: Luxury and Tranquillity from Jan 18, 2025

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Mumbai (Maharashtra) [India], January 20: Praveg Limited, India’s leading eco-responsible luxury resorts company, is thrilled to announce the launch of its luxury resort operations on Bangaram Island, Lakshadweep, starting January 18, 2025. Known for its untouched natural beauty, Bangaram Island offers a serene and exclusive getaway, where guests can indulge in the island’s tranquillity while enjoying modern […]

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Praveg Limited Announces Strategic Inventory Arrangement with Mahindra Holidays and Resorts India Limited

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Mumbai (Maharashtra) [India], December 23: Praveg Limited (BSE – 531637), is delighted to announce a pivotal three-year partnership with Mahindra Holidays & Resorts India Limited (MHRIL). This agreement underscores a shared vision to enhance hospitality standards and deliver exceptional guest experiences across prime destinations, i.e. Daman, Diu, and Ayodhya. Under the terms of this arrangement, […]

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Praveg Limited Partners With Lallooji and Sons As Master Franchise For Rann Utsav 2024‐25

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Mumbai (Maharashtra) [India], November 22: Praveg Limited, a leader in experiential hospitality and event management, is proud to announce its partnership with Lallooji & Sons as the Master Franchise for marketing and booking of 400 luxury tents at the renowned Rann Utsav 2024‐25. In addition, Praveg will serve as the sole partner for event conceptualization, consulting & management, […]

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Praveg’s Q2 FY25 Consolidated EBITDA Up 138 Percent

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Mumbai (Maharashtra) [India], November 18: Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q2 FY25 & H1 FY25. Key Financial Highlights Q2 FY25  Consolidated Total Income of ₹ 35.58 Cr against ₹ 14.64 crore in Q2 FY24. EBITDA of ₹ 10.58 Cr against ₹ 4.47 Cr in Q2 FY24. Net Profit of ₹ 1.40 Cr against ₹ 2.10 Cr in Q2 […]

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Praveg Limited Secures Major Contract with Tourism Corporation of Gujarat

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This addition aligns with Praveg’s strategy of offering culturally authentic and sustainable hospitality solutions Ahmedabad (Gujarat) [India] September 25: Praveg Limited, India’s premier eco-responsible luxury resorts company, has been awarded a significant contract by the Tourism Corporation of Gujarat Limited for the operation, maintenance, and management of 30 Bhungas in Dhordo, Gujarat. This addition aligns […]

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Praveg Limited’s Q1 FY25 Consolidated Total Income Soars by 98 Percent

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Mumbai (Maharashtra) [India], August 12: Praveg Limited(BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q1 FY25. Key Financial Highlights Consolidated Key Financial Highlights Q1 FY25 Total Income of ₹ 24.68 Cr, YoY growth of 98.34 % EBITDA of ₹ 7.62 Cr EBITDA Margin of 30.88% PAT of ₹ 0.76 Cr PAT […]

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Praveg Secures 30-Year Land Lease in Jawai, Rajasthan for Innovative Luxury Cave Resort

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Mumbai (Maharashtra) [India], May 14: Praveg Limited, India’s premier eco-responsible luxury resorts company, is excited to announce the acquisition of a new land lease for the development of Cave Resort in Jawai, Rajasthan. This new project will leverage the scenic beauty of Jawai with a one-of-a-kind luxury cave room structure. Located in the scenic area […]

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Praveg Limited Unveils the Exquisite Safari Velavadar Retreat in Gujarat

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Mumbai (Maharashtra) [India], March 28: Praveg Limited, India’s leading eco-responsible luxury resorts company, is thrilled to announce the launch of the Safari Velavadar Resort in Gujarat, marking a new chapter in luxury hospitality. The resort is poised to achieve an impressive occupancy in the forthcoming six months, reflecting the high demand for sustainable luxury accommodations. […]

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Praveg Announces Opening of Praveg Tent City, Saryu, Ayodhya along with Q3 & 9M FY24 Results - Mumbai (Maharashtra) , February 16: Praveg Limited (BSE – 531637), India's Premier Eco-Responsible Luxury Resorts Company, Unveils Praveg Tent City, Saryu, Ayodhya, and Releases Unaudited Financial Results for Q3 & 9M FY24. - PNN Digital

Praveg Announces Opening of Praveg Tent City, Saryu, Ayodhya along with Q3 & 9M FY24 Results

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Mumbai (Maharashtra) [India], February 16: Praveg Limited (BSE – 531637), India’s Premier Eco-Responsible Luxury Resorts Company, Unveils Praveg Tent City, Saryu, Ayodhya, and Releases Unaudited Financial Results for Q3 & 9M FY24. Key Financial Highlights Q3 FY24: • Total Income ₹34 crore • EBITDA of ₹13 crore • EBITDA margin at 39% • Net Profit of ₹8 crore • Net profit margin at 24% • EPS (Diluted) ₹3.55 Developments during the Quarter: 1) Praveg Receives 3 Work orders for Nagoa Beach at Diu, […]

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Praveg Limited Announced Q2 & H1 FY24 Results

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Ahmedabad (Gujarat) [India], November 17: Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its unaudited Financial Results for the second quarter of fiscal year 2023-24 (Q2 FY24). Key Financial Highlights Q2 FY24: • Total Income ₹14.64 crore • EBITDA of ₹4.48 crore • EBITDA margin at 30.61% • Net Profit of ₹2.10 crore • Net profit margin at 14.35% • EPS (Diluted) ₹0.97 Key Recent Developments: 1) Commencement […]

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