Ahmedabad : Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q1 FY27.

Key Financial Highlights

Q1 FY 27

Consolidated

  • Total Income of ₹ 46.21 Cr
  • EBITDA of ₹ 3.90 Cr
  • Net Loss of ₹ 13.23 Cr
  • EPS of (5.06)

Standalone

  • Total Income of ₹ 29.81 Cr
  • EBITDA of ₹ (2.62) Cr
  • Net Loss of ₹ 13.30 Cr
  • EPS of (5.09)
  • Total Impact of applicability of IND AS 116 “ROU on Lease Asset” is ₹ 3.60 Cr comprise of Depreciation on ROU Asset amounting ₹ 1.89 Cr and Interest on Lease Liability amounting ₹ 1.71 Cr, whereas the actual Lease rent paid in the Quarter Amounts ₹ 2.60 Cr, which impact the PBT by ₹ 1 Cr.
  • Total Depreciation provided on Assets of 17 Resorts and Hotel during the Q1 2027 amounted to ₹ 8.18 Cr against ₹7.82 Cr Q1 2026.

Key Operation Highlights

Key Highlights for Q1 FY25

  • Hospitality and Event segment’s Revenue contributed ₹ 29.80 Cr
  • Advertisement Segment Contributed ₹ 16.21 Cr
  • The company is having total 825+ Rooms across 17 operational resorts and one hotel.

Commenting on the results, Mr. Vishnu Patel, Chairman, Praveg Limited said: “Q1 FY27 reflects strong top-line momentum, with Consolidated total income growing by 15.92 % to ₹46.21 crore, driven by our expanding hospitality footprint and continued traction in events and advertisement segments.

Our strategy remains firmly focused on disciplined expansion, operational efficiency, and strengthening our eco-responsible luxury portfolio, positioning Praveg for sustainable long-term growth and value creation.”