{"id":154091,"date":"2023-08-16T04:44:51","date_gmt":"2023-08-16T08:44:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=154091"},"modified":"2023-08-16T04:44:53","modified_gmt":"2023-08-16T08:44:53","slug":"praveg-ltd-q1fy24-79-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/praveg-ltd-q1fy24-79-fall-in-profits\/","title":{"rendered":"Praveg Ltd Q1FY24; 79% fall in Profits"},"content":{"rendered":"\n<p>Incorporated in 2016 after the merger of Praveg Communications Limited with Sword and Shield Pharma limited; Praveg Communications (India) Limited is an advertising company with core competence in Exhibition and Event Management. The company is also engaged into providing services to the Hospitality sector, Publications and Real Estate marketing.<br>The company has set up its branches nationally and internationally.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Praveg Ltd reported Revenues for Q1FY24 of \u20b911.97 Crores down from \u20b920.05 Crore year on year, a fall of 40.3%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b910.81 Crores down from \u20b912.49 Crores year on year, a fall of 13.45%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b91.17 Crores down 79.29% from \u20b95.65 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.53, down 82.68% from \u20b93.06 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1130.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1130-839x1024.png\" alt=\"\" class=\"wp-image-154092\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1130-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1130-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1130-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1130-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1130.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated in 2016 after the merger of Praveg Communications Limited with Sword and Shield Pharma limited; Praveg Communications (India) Limited is an advertising company with core competence in Exhibition and Event Management. The company is also engaged into providing services to the Hospitality sector, Publications and Real Estate marketing.The company has set up its branches [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,12],"tags":[12730],"class_list":["post-154091","post","type-post","status-publish","format-standard","hentry","category-infographics","category-other-industries","tag-advertisement"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":176319,"url":"https:\/\/alphastreet.com\/india\/praveg-communications-india-ltd-praveg-q2-2025-earnings-call-transcript\/","url_meta":{"origin":154091,"position":0},"title":"Praveg Communications (India) Ltd (PRAVEG) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Praveg Communications (India) Ltd (NSE: PRAVEG) Q2 2025 Earnings Call dated Nov. 18, 2024 Corporate Participants: Bijal Parikh \u2014 Finance Director Vishnu Patel \u2014 Chairman Analysts: Chandni Chande \u2014 Analyst Adity Roy \u2014 Analyst Angad Katdare \u2014 Analyst Nikhil Poptani \u2014 Analyst Raj Mehta \u2014 Analyst Vignesh Iyer \u2014 Analyst\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142820,"url":"https:\/\/alphastreet.com\/india\/praveg-communications-india-ltd-praveg-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":154091,"position":1},"title":"Praveg Communications (India) Ltd (PRAVEG) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"February 27, 2023","format":false,"excerpt":"Praveg Communications (India) Ltd (NSE:PRAVEG) Q3 FY23 Earnings Concall dated Feb. 14, 2023. Corporate Participants: Prolina Barada\u00a0--\u00a0Woman Director (Executive) Unidentified Speaker\u00a0-- Vishnu Patel\u00a0--\u00a0Non-Executive Chairman Analysts: Sumit Maru\u00a0--\u00a0Kirin Advisors Private Limited -- Analyst Jay\u00a0--\u00a0Capital PMS -- Analyst Avinash Gorakshakar\u00a0--\u00a0Profitmart Securities -- Analyst Shashank Mahajan\u00a0--\u00a0Value Educator -- Analyst Unidentified Participant\u00a0--\u00a0-- Analyst Presentation:\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":152970,"url":"https:\/\/alphastreet.com\/india\/hemisphere-properties-india-ltd-q1fy24-93-fall-in-revenue\/","url_meta":{"origin":154091,"position":2},"title":"Hemisphere Properties India Ltd Q1FY24; 93% fall in Revenue","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"The company was formed as part of the disinvestment exercise carried out by the Government of India in respect of its holdings in the erstwhile VSNL (currently known as Tata Communications Limited). Financial Results: Hemisphere Properties India Ltd reported Revenues for Q1FY24 of \u20b90.12 Crores down from \u20b91.68 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153679,"url":"https:\/\/alphastreet.com\/india\/reliance-communications-ltd-q1fy24-20-fall-in-revenue\/","url_meta":{"origin":154091,"position":3},"title":"Reliance Communications Ltd Q1FY24; 20% fall in Revenue","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Incorporated in 2004, Reliance Communications Ltd own and operate IP enabled connectivity infrastructure comprising of fibre optic cable systems. Financial Results: Reliance Communications Ltd reported Revenues for Q1FY24 of \u20b9100.00 Crores down from \u20b9125.00 Crore year on year, a fall of 20.0%. Total Expenses for Q1FY24 of \u20b9135.00 Crores down\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154383,"url":"https:\/\/alphastreet.com\/india\/shiva-mills-ltd-q1fy24-26-fall-in-revenue\/","url_meta":{"origin":154091,"position":4},"title":"Shiva Mills Ltd Q1FY24; 26% fall in Revenue","author":"Hardik Bhandare","date":"August 21, 2023","format":false,"excerpt":"Shiva Mills Limited is engaged in the business of manufacturing and marketing of Cotton Yarn. Financial Results: Shiva Mills Ltd reported Revenues for Q1FY24 of \u20b933.04 Crores down from \u20b944.79 Crore year on year, a fall of 26.23%. Total Expenses for Q1FY24 of \u20b935.34 Crores down from \u20b940.10 Crores year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1224.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1224.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1224.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1224.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1224.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1224.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154130,"url":"https:\/\/alphastreet.com\/india\/suumaya-industries-ltd-q1fy24-97-fall-in-revenue\/","url_meta":{"origin":154091,"position":5},"title":"Suumaya Industries Ltd Q1FY24; 97% fall in Revenue","author":"Hardik Bhandare","date":"August 16, 2023","format":false,"excerpt":"Established in the year 2011 by founder Mr Mahesh Gala, Suumaya Industries Limited (Formerly known as Suumaya Lifestyle Limited) is a highly creative brand for exquisite fashion and brings you the world\u2019s finest collection of Indo-Western Designer Kurtis. Financial Results: Suumaya Industries Ltd reported Revenues for Q1FY24 of \u20b99.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1142.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1142.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1142.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1142.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1142.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1142.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/154091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=154091"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/154091\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=154091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=154091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=154091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}