In continuation of our intimation dated February 4, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish to inform ....
PRAVEG · price
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Praveg Ltd's Board approved unaudited financial results for Q3 FY26 (quarter ended December 31, 2025). Consolidated revenue from operations jumped to Rs. 9,045.14 Lakhs, up about 67% YoY (from Rs. 5,427.52 Lakhs) and sharply higher QoQ from Rs. 3,750.28 Lakhs in Q2 FY26. Consolidated profit for the quarter was Rs. 992.75 Lakhs, slightly below the Rs. 1,054.80 Lakhs posted in Q3 FY25, after a Q2 FY26 loss of Rs. 921.81 Lakhs. However, the 9-month FY26 picture remains in the red at a consolidated loss of Rs. 503.86 Lakhs (vs profit of Rs. 1,271.44 Lakhs a year ago). Standalone Q3 FY26 revenue rose to Rs. 7,361.22 Lakhs (~71% YoY) with profit of Rs. 850.47 Lakhs, while 9M FY26 standalone showed a loss of Rs. 820.23 Lakhs. The auditor's report carries an unmodified opinion, but a reference to a 'predecessor auditor' indicates an auditor change during the year. The Board also redesignated Mr. Vishnukumar Patel as Chairman and Managing Director and Ms. Bijal Parikh as Non-Executive Director, both subject to shareholder approval.
Strong quarterly revenue growth and a swing back to profit from Q2 losses are positives, but the nine-month loss shows full-year profitability is still under pressure. Shareholders should watch the postal ballot on director redesignation and the impact of the auditor change on the year-end audit.