Praveg Limited Archives

Praveg Limited Secures Major Contract with Tourism Corporation of Gujarat

September 25, 2024September 25, 2024up18news

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 […]

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

August 12, 2024August 12, 2024up18news

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 […]

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

May 14, 2024May 14, 2024up18news

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 […]

Praveg Limited Unveils the Exquisite Safari Velavadar Retreat in Gujarat

March 28, 2024March 28, 2024up18news

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. […]

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

February 16, 2024February 16, 2024up18news

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, […]

Praveg Limited Announced Q2 & H1 FY24 Results

November 17, 2023November 17, 2023up18news

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 […]

Praveg Limited Announced Q1 FY24 Results

August 18, 2023August 18, 2023up18news

New Delhi (India), August 18: Praveg Limited (BSE – 531637), a renowned name in the Indian Tourism & Hospitality and Event & Exhibition Management industries, reported its unaudited Financial Results for the Q1 FY24. Key Financial Highlights: Q1 FY24: • Total Income ₹12.45 crore • EBITDA of ₹ 4.94 crore • EBITDA Margin at 37.34% • Net Profit of ₹ 1.17 crore • Net Profit Margin at 9.38% • EPS (Diluted) ₹ 0.51 […]

Praveg to Develop Eco-responsible Luxury Resorts near UNESCO World Heritage site Dholavira, Gujarat

July 19, 2023July 19, 2023up18news

Company has signed a Letter of Intent for the new project Ahmedabad (Gujarat) [India], July 19: Praveg Limited, India’s leading eco-responsible luxury Resorts Company today announced the signing of its first project at Dholavira, Gujarat. Spread across 48461 square meters, this project in its first phase will house 30 premium cottages and a restaurant. These […]

Praveg Limited FY23 Net Profit Up 132%

June 8, 2023June 8, 2023up18news

Ahmedabad (Gujarat) [India], June 8: Praveg Limited (BSE – 531637), a renowned name in the Indian Tourism & Hospitality and Event & Exhibition Management industries, reported its Audited Financial Results for the Q4 & FY23. Financials at a Glance: Q4 FY23: • Total Revenue of ₹ 19.00 crore, YoY growth of 12.49% • EBITDA of ₹ 9.92 crore, YoY growth of 32.38% […]

Praveg Limited 9M FY23 PAT up 208%

February 16, 2023February 16, 2023up18news

Mumbai (Maharashtra) [India], February 16: Praveg Limited (BSE – 531637), a renowned name in the Indian Tourism & Hospitality and Event & Exhibition Management industries, reported unaudited Financial Results for the Q3 & 9M FY23. Financials at a Glance: Q3 FY23: Total Income for Q3 FY23 at 28.47 crore; up 79.85% […]