Key Board Approvals
1. The Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter ended June 30, 2026, as recommended by the Audit Committee.
2. Convening the 31st Annual General Meeting (AGM) of the Company on Friday, September 25, 2026, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The notice for the AGM will be dispatched separately.
Consolidated Financial Results (Q1 FY27)
Income Statement (₹ in Lakhs):
- Revenue from Operations: ₹4,600.67 (Q1 FY26: ₹3,939.15; Q4 FY26: ₹7,359.80)
- Other Income: ₹20.40 (Q1 FY26: ₹47.24; Q4 FY26: ₹42.19)
- Total Income: ₹4,621.07 (Q1 FY26: ₹3,986.39; Q4 FY26: ₹7,401.99)
- Total Expenses: ₹5,941.60 (Q1 FY26: ₹4,530.06; Q4 FY26: ₹7,483.32)
- Loss before tax: ₹(1,320.53) (Q1 FY26: ₹(543.67); Q4 FY26: ₹(172.61))
- Tax Expense: ₹2.91 (Q1 FY26: ₹31.14; Q4 FY26: ₹320.38)
- Current Tax: ₹22.50
- Deferred Tax: ₹(19.60)
- Net Loss for the period: ₹(1,323.44) (Q1 FY26: ₹(574.81); FY26 Annual: ₹(996.86))
- Attributable to equity holders: ₹(1,352.08)
- Attributable to non-controlling interests: ₹28.65
- Earnings Per Share (Basic): ₹(5.06) (Q1 FY26: ₹(2.35); Q4 FY26: ₹(1.89))
- Earnings Per Share (Diluted): ₹(5.06) (Q1 FY26: ₹(2.27); Q4 FY26: ₹(1.89))
Capital Structure:
- Paid-up equity share capital: ₹2,614.07 Lakhs (Face value ₹10 per share)
- Total Reserves: ₹42,300.66 Lakhs (as of FY26 year-end)
Standalone Financial Results (Q1 FY27)
Income Statement (₹ in Lakhs):
- Revenue from Operations: ₹2,967.19 (Q1 FY26: ₹2,927.09; Q4 FY26: ₹5,445.55)
- Other Income: ₹13.76 (Q1 FY26: ₹61.03; Q4 FY26: ₹6.74)
- Total Income: ₹2,980.95 (Q1 FY26: ₹2,988.12; Q4 FY26: ₹5,452.29)
- Total Expenses: ₹4,310.78 (Q1 FY26: ₹3,645.40; Q4 FY26: ₹5,630.92)
- Loss before tax: ₹(1,329.83) (Q1 FY26: ₹(657.28); Q4 FY26: ₹(178.63))
- Tax Expense: ₹0.00 (Q4 FY26: ₹210.08)
- Net Loss for the period: ₹(1,329.83) (Q1 FY26: ₹(657.28); FY26 Annual: ₹(1,208.95))
- Earnings Per Share (Basic): ₹(5.09) (Q1 FY26: ₹(2.51); Q4 FY26: ₹(1.49))
- Earnings Per Share (Diluted): ₹(5.09) (Q1 FY26: ₹(2.43); Q4 FY26: ₹(1.49))
Capital Structure:
- Paid-up equity share capital: ₹2,614.07 Lakhs (Face value ₹10 per share)
- Total Reserves: ₹41,118.88 Lakhs (as of FY26 year-end)
Segment-Wise Performance (Consolidated)
The company operates in two segments: Event, Exhibitions & Hospitality, and Advertisement.
For Q1 FY27 (₹ in Lakhs):
- Segment Revenue:
- Event, Exhibitions & Hospitality: ₹2,979.97
- Advertisement: ₹1,620.70
- Segment Results (Profit/Loss):
- Event, Exhibitions & Hospitality: ₹(1,129.01)
- Advertisement: ₹199.29
- Segment Assets (as of June 30, 2026):
- Event, Exhibitions & Hospitality: ₹57,665.51
- Advertisement: ₹11,720.72
- Total: ₹69,386.23
- Segment Liabilities (as of June 30, 2026):
- Event, Exhibitions & Hospitality: ₹15,896.27
- Advertisement: ₹8,170.58
- Total: ₹24,066.85
Subsidiaries & Auditor's Review
The consolidated results include the following subsidiaries:
1. Praveg Communications (USA) Inc
2. Praveg Rannutsav Private Limited
3. Praveg Adalaj Tourism Infrastructure Private Ltd
4. Praveg Safaris Kenya Limited
5. Praveg Safaris Tanzania Limited
6. Abhik Advertising Private Limited
7. Bidhan Advertising and Marketing Private Limited
The statutory auditor, KPSJ & Associates LLP (FRN: 124845W / W100209), conducted a limited review of the financial results. The review report, signed by Partner Kedar Laddha (M. No.: 101886), states that based on their review, nothing has come to their attention that causes them to believe that the statement contains any material misstatement. The auditor's report is dated August 13, 2026.
The review report notes reliance on the unaudited financials of 5 subsidiaries (reflecting total revenues of ₹24.47 Lakhs and a net loss of ₹52.07 Lakhs for the quarter) and the reviewed reports of other auditors for 2 subsidiaries (reflecting total revenues of ₹1660.55 Lakhs and a net profit of ₹58.46 Lakhs for the quarter).
Additional Information
The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).
The figures for previous periods have been regrouped/reclassified for comparability.
The results are available on the Bombay Stock Exchange website (www.bseindia.com) and the company's website (www.dizcoverpraveg.com).