Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed transcript of Earnings Conference Call held on Wednesday, February 14, 202417-02-2024
17-02-2024
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Outcome of the Analyst / Investor Meet held on February 14, 2024.15-02-2024
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 (LODR), please find enclosed Investor Presentation on Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended December 31, 2023.14-02-2024
Q3FY24 Quarterly Result Announced for Praveg Ltd.
Advertising & Media company Praveg announced Q3FY24 results: • Total Income of Rs34 crore. • EBITDA of Rs13 crore. • EBITDA margin at 39%. • Net Profit of Rs8 crore. • Net profit margin at 24%. • EPS (Diluted) of Rs3.55. Commenting on the results, Chairman Vishnu Patel said, "The operational resorts are gaining significant traction across all locations. Anticipation is high for forthcoming resorts to become operational in the next 6 months, with expectations of increased occupancy and interest. Our exhibition business has made a substantial contribution to total revenues, with promising inquiries received, indicating positive prospects ahead. The exceptional on-ground professional team has played a pivotal role in accelerating our growth, efficiently overseeing resort development and management, ensuring a swift pace in delivering luxurious experiences to our customers. These collective efforts are poised to yield positive outcomes for our overall performance this year. Looking ahead, we project our operational resorts to achieve occupancy rates of 45% to 50% in the upcoming quarter, accompanied by an average daily room rate (ADR) of Rs 9,000 to 10,500. Our ongoing commitment to nurturing our Hospitality Business remains steadfast, complemented by anticipated growth in our Events and Exhibition sector, promising to elevate our overall operations to new levels of success." Result PDF13-02-2024
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached herewith a copy of the Press Release for Company''s operations of Praveg''s Tent City, Saryu, Ayodhya started with effect from February 14, 2024.13-02-2024
Praveg Ltd - 531637 - Announcement For Operations Of Praveg Tent City Ayodhya, Saryu, UP
We are pleased to inform you that Company''s Operations of Praveg''s Tent City Ayodhya, Saryu, Ayodhya located at the banks of Saryu River, Ayodhya, Uttar Pradesh started with effect from February 14, 2024.13-02-2024
Praveg Ltd - 531637 - Statement Of Deviation Or Variation Of Funds U/R 32 Of The SEBI LODR, 2015
Pursuant to Regulation 32 of the SEBI Listing Regulations, please note that there are no deviation or variation in respect of the utilisation of the proceeds of the preferential issue of the Company during the quarter ended December 31, 2023.13-02-2024
Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
This is in continuation to our earlier letter today dated February 13, 2024 wherein the Consolidated and Standalone Unaudited Financial Results of the Company for quarter ended December 31, 2023 have filed with the stock exchange. In this regard, please find attached herewith the Media Release on the captioned subject. The said media release will also be uploaded on the Company''s website at www.praveg.com.13-02-2024
Praveg Ltd - 531637 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 13/02/2024
In continuation of our letter dated February 5, 2024 and pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we attach the Unaudited Financial Results (Consolidated and Standalone) for the quarter ended December 31, 2023, duly reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company, at their respective meetings held today. The meeting of the Board of Directors commenced at 12:00 p.m. and concluded at 04:15 p.m.13-02-2024
Praveg Ltd - 531637 - Financial Results For Quarter Ended December 31, 2023
In continuation of our intimation dated February 5, 2024, we attach the Financial Results (Consolidated and Standalone) for the quarter ended December 31, 2023, duly reviewed by Audit Committee and approved by the Board of Directors of the Company, at their respective meetings held today.13-02-2024