Board Meeting Outcome for Consolidated And Standalone Unaudited Financial Results For The Quarter Ended June 30, 2025
PRAVEG · price
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Praveg Ltd reported Q1 FY26 consolidated revenue from operations of Rs. 3,939.15 Lakhs, up ~68% from Rs. 2,339.65 Lakhs in Q1 FY25. Standalone revenue rose ~25% to Rs. 2,927.09 Lakhs. Despite strong top-line growth, the company swung to a consolidated loss of Rs. 574.81 Lakhs (vs profit of Rs. 76.31 Lakhs a year ago), driven by a sharp jump in depreciation and amortisation (Rs. 942.44 Lakhs vs Rs. 496.10 Lakhs) and total expenses of Rs. 4,530.06 Lakhs exceeding total income of Rs. 3,986.39 Lakhs. Standalone net loss was Rs. 657.28 Lakhs. The Events, Exhibitions & Hospitality segment posted a loss of Rs. 511.27 Lakhs, while the Advertisement segment remained profitable at Rs. 143.20 Lakhs. Auditor KPSJ & Associates LLP issued an unmodified limited review report, replacing the predecessor auditor who had previously issued an unmodified opinion.
Strong revenue growth is a positive, but heavy depreciation costs and segment-level losses raise concerns about near-term profitability. Shareholders should watch whether management can control costs and turn the hospitality segment around; weak Q1 results may put pressure on the stock price.