Praveg Ltd — Important, 20-11-2025: Company Update

Praveg Limited reported financial results for the half-year with consolidated total income growing 28.94% to INR77.71 Cr, but posted a net loss of INR14.97 Cr. The loss was mainly due to initial operating costs of newly launched properties and temporary closures of seasonal resorts during Q2. Key operational updates include now managing over 825 rooms across 17 resorts and a hotel, the opening of Praveg Adalaj Theme Park, and securing a new 35-year award for 252 additional beds in Kutch. Management anticipates a stronger second half, a peak season for tourism, expecting improved profitability from re-opened and maturing properties, alongside a focus on investor-led expansion to drive future growth.