Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Investor Presentation
we enclosed Investor Presentation on Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30, 2023.18-08-2023
18-08-2023
Q1FY24 Quarterly Result Announced for Praveg Ltd.
Advertising & Media company Praveg announced Q1FY24 results: Total Income of Rs 12.45 crore EBITDA of Rs 4.94 crore EBITDA margin at 39.70% Net Profit of Rs 1.17 crore Net profit margin at 9.38% EPS (Diluted) Rs 0.51 Speaking on the occasion Vishnu Patel, Chairman of Praveg said, “This year has been marked by our dedication to the Hospitality Business, where we have passionately allocated all our resources to the development of 15 new resorts within the year, two of which have already commenced operations. While this commitment has temporarily impacted the revenue from our event and exhibition sector, it's important to note that this strategic shift is part of our broader vision. Praveg is in the process of a business transformation where it is investing in growth for its Hospitality business in the coming 12 months which is expected to see strong business traction from Q3FY24 onwards. Post Q3FY24, we are confident of ramping up our Events & Exhibition business once the company’s oncoming hospitality projects go on stream as planned. The establishment of new resorts in the previous and current financial years has led to an increase in depreciation and amortisation charge by over 234% on a YoY basis due to the large capex incurred on new resort properties in Q1FY24. Looking ahead, we're thrilled to share that ten out of the fifteen resorts will be in operation from Q3FY24. We've already initiated substantial recruitment efforts to ensure a robust team is in place to facilitate this growth. These endeavours are projected to significantly contribute to our performance in the current year. As we chart our course forward, our primary focus shall be nurturing our Hospitality Business with the Events and Exhibition business contributing additional demand for our hospitality business.” Result PDF16-08-2023
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
Media Release (Revised) on Consolidated and Standalone Unaudited Financial Results for quarter ended June 30, 2023.16-08-2023
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Media Release on Consolidated and Standalone Unaudited Financial Results for quarter ended June 30, 2023.15-08-2023
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Allotment
Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform that the Securities Allotment Committee, at its meeting held today approved allotment of 875000 warrants to the proposed allottees.14-08-2023
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Allotment
Pursuant to Regulation 30 of the SEBI Listing Regulations, the Securities Allotment Committee, at its meeting held today approved allotment of 545533 equity shares of face value of Rupees 10 each.14-08-2023
Praveg Ltd - 531637 - Statement Of Deviation & Variation
There are no deviation(s) or variation(s) in respect of utilization of the proceeds of the preferential issue of the Company during the quarter ended June 30, 2023.14-08-2023
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Change in Management
Appointment of Directors of the Company14-08-2023
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Resignation of Director
Resignation of Ms. Prolina Barada from the position of Executive Director of the Company with effect from end of August 14, 2023.14-08-2023
Praveg Ltd - 531637 - Board Meeting Outcome for Outcome Of The Board Meeting
Outcome of the Board Meeting14-08-2023