Results - Announcements
Praveg Ltd share price ticked higher by 2.11% to Rs 210.5 after the company's net profit saw a strong growth of 52.15% to Rs 20.13 crore, while revenue from operations eased by 4.91% to Rs 43.75 crore in Q3FY26 over Q2FY26.
The market capitalization of Hotels & Resorts industry group stocks on BSE stood at Rs 2.64 lakh crore, slipping 5.01%. It has marginally improved by 2.11% over last one week and crept higher by 3.93% in last one month while the market capitalization of Praveg Ltd has softened by 5.37% and 25.67% in the same period respectively.
Profit before tax (PBT) of Praveg Ltd stood at Rs 20.38 crore in Q3 FY26, surging by 128.73% year-on-year, and jumping 54.28% quarter-on-quarter. EBITDA came in at Rs 4 crore, crashing by 220.80% YoY and tanking 212.86% sequentially.
Total expenses saw a slight increase of 9.26% to Rs 60.42 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 10.21 crore, expanding by 7.93% YoY.
For the TTM ended FY26, revenue from operations soared by 44.12% to Rs 240.94 crore, while net profit tumbled by 162.12% to Rs 9.97 crore, compared to previous TTM. EBITDA surged by 6233% to Rs 56.06 crore, and PBT tanked by 124.59% to Rs 5.16 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 59.91 crore in FY26, as against Rs 32.54 crore in FY25.
Praveg Ltd crashed 35.79% in last one year, underperforming the benchmark BSE Sensex which has slipped by 9.87% during the same period.