PRAVEG Q2 : CONS NET LOSS WIDENS TO RS 44.25 CR (YOY) FROM RS 44.25 CR AS EBITDA TURNS NEGATIVE; WINS RS 44.25 CR ORDER

• Revenue up 16.9% at ₹44.25 Cr (YOY); hospitality & events ₹27.73 Cr, advertisement ₹16.02 Cr. • EBITDA negative ₹2.93 Cr v ₹3.96 Cr (YOY); margins -6.6% v 10.5% (YOY). • Standalone total income up 4.2% at ₹27.80 Cr; standalone net loss ₹20.59 Cr v ₹10.13 Cr (YOY). • Wins ₹11.16 Cr (plus GST) work order dated October 27, 2026 for temporary rest-shelter facilities in the Statue of Unity area. • Operates 18 properties with 927+ keys across 7 destinations; Praveg Atoll Lakshadweep (100 keys) began operations October 21, 2026. • Caution: Q2 depreciation of ₹8.32 Cr on 17 resorts and hotels; H1 consolidated net loss ₹33.37 Cr v ₹14.97 Cr (YOY). • Impact: loss widened and EBITDA turned negative despite revenue growth; ₹11.16 Cr order provides some support.

Praveg Ltd

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