ALPHA TRIBE

Praveg LtdImportant, 17-11-2025: Company Update

17-11-2025 | 06:05 pm

Praveg Limited has released the financial results for the quarter and half-year ended September 30, 2025, showing strong consolidated total income growth of 28.94% to ₹77.71 crore for the half-year. While profitability was impacted by higher operating costs at newly launched properties and seasonal closures, management anticipates improvement as occupancy matures. Operationally, the company launched Praveg Adalaj Theme Park in September 2025 and secured a ₹3.99 crore contract for World Lion Day 2025. Praveg now manages 827+ rooms across 17 resorts and one five-star hotel, targeting 2,000+ rooms by 2028, underscoring its disciplined expansion in eco-responsible luxury hospitality and events.

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