We wish to inform you that the Board of Directors of the Company, at its meeting held on February 12, 2026 (commenced at 12:00 p.m. and concluded at 04:22 p.m.), has inter alia, considered ....
PRAVEG · price
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Praveg Ltd's board, at its February 12, 2026 meeting, approved the unaudited consolidated and standalone financial results for Q3 and nine months ended December 31, 2025. Consolidated Q3 revenue jumped sharply to ₹9,045.14 lakh (vs ₹5,427.52 lakh in Q3FY25), a ~67% YoY rise, but PAT slipped marginally to ₹992.75 lakh (vs ₹1,054.80 lakh). On a nine-month basis, the company swung to a consolidated loss of ₹503.86 lakh versus a profit of ₹1,271.44 lakh a year ago. Standalone Q3 was stronger with revenue of ₹7,361.22 lakh and PAT of ₹850.47 lakh (vs ₹764.45 lakh). The auditor, KPSJ & Associates LLP, issued an unmodified limited review opinion, noting this is their first review as the FY25 audit was done by a predecessor auditor.
Sharp Q3 revenue growth signals strong business momentum, but the 9-month loss and compressed operating margins may concern investors about cost pressures and seasonality. The shift of founder Mr. Vishnukumar Patel from Non-Executive Chairman to Executive Chairman & Managing Director centralizes decision-making, while Ms. Bijal Parikh's move to a Non-Executive role may raise governance questions given the reduced independent oversight at the board level.