Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2025
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The Board of Praveg Ltd approved audited consolidated and standalone results for Q4 and FY25. Consolidated revenue from operations surged to Rs. 16,717.60 lakhs from Rs. 9,159.67 lakhs in FY24 (about 82% growth), lifted by the core Event, Exhibitions & Hospitality segment (Rs. 13,277 lakhs) and a new Advertisement segment (Rs. 3,440 lakhs) after acquiring Abhik Advertising and Bidhan Advertising from July 2024. Consolidated profit after tax rose to Rs. 1,604.84 lakhs from Rs. 1,299.98 lakhs, while standalone PAT was nearly flat at Rs. 1,286 lakhs versus Rs. 1,289 lakhs in FY24. The Board recommended a final dividend of Rs. 1 per share (10% on face value of Rs. 10). Statutory auditors B.K. Patel & Co. complete their tenure; KPSJ & Associates LLP is proposed as new statutory auditor for 5 years, alongside new secretarial and internal auditors. The auditor issued an unmodified opinion, and 1,512 ESOPs were granted to an employee.
Sharp top-line growth shows the advertising acquisitions are scaling fast, but standalone profit stagnation and rising depreciation plus finance costs may weigh on margins. Clean audit opinion, dividend declaration and orderly auditor transition should be reassuring for shareholders.