Praveg Ltd
P&L
Quarterly Consolidated
vs Q2 FY25
Praveg Limited Reports Q3 FY25 Consolidated EBITDA Up 66.39% to ¥ 22.07 Cr
11 Feb 2025 · 11 Feb 2025, 10:35 pm
Summary
Praveg Limited, India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q3 FY25 & 9 Months FY25. The company's Q3 FY25 Consolidated EBITDA increased by 66.39% to ¥ 22.07 Cr from ¥ 13.27 Cr in Q3 FY24. The Total Income for the same period increased by 61.42% to ¥ 54.88 Cr from ¥ 33.97 Cr in Q3 FY24. The company also reported a Net Profit of ¥ 10.55 Cr and an EPS of ¥ 4.08 for Q3 FY25.
Key Highlights
- 1
Q3 FY25 Consolidated EBITDA increased by 66.39% to ¥ 22.07 Cr
- 2
Total Income for Q3 FY25 increased by 61.42% to ¥ 54.88 Cr
- 3
Net Profit for Q3 FY25 was ¥ 10.55 Cr
- 4
EPS for Q3 FY25 was ¥ 4.08
- 5
Praveg Limited operates 13 operational resorts and one hotel with a total of 714 rooms
- 6
Company has sold bulk room night worth Rs.18.56 Crores at Rann Utsav Resort, Dhordo, Kutch, in accordance with master franchise agreements
- 7
9 Months FY25 Consolidated Total Income of ¥ 115.14 Cr
- 8
9 Months FY25 Consolidated EBITDA of ¥ 40.28 Cr
- 9
9 Months FY25 Consolidated Net Profit of ¥ 12.71 Cr
- 10
9 Months FY25 Standalone Total Income of ¥ 95.97 Cr
- 11
9 Months FY25 Standalone EBITDA of ¥ 33.80 Cr
- 12
9 Months FY25 Standalone Net Profit of ¥ 9.84 Cr
Management Comments
Mr. Vishnu Patel
Chairman, Praveg Limited
We are pleased with our strong revenue and operating profit growth, driven by strategic expansion and our commitment to eco- luxury hospitality. While expansion has led to higher depreciation and finance costs, impacting short-term profitability, we expect improved margins as operations stabilize. Despite strong bulk room night sales at Rann Utsav Resort, only a portion has been recognized as revenue this quarter. We are also making steady progress in operationalizing our new resorts and facilities, reinforcing our growth trajectory. As we continue expanding in the coming quarters, we remain firmly on track to achieve our Vision 2028 goal of over 2,500 rooms across 65+ locations, cementing Praveg’s position as a distinguished leader in eco-conscious luxury hospitality.
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