Progressive Towers Pvt Ltd
About Progressive Towers Pvt Ltd
Data last updated:
Progressive Towers Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 08 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1996PTC076424. Its GSTIN is 19AAHCP5398J1ZN (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors including Yogesh Arora and Renu Arora.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 20A Brabourne Rd Hare Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.84 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹10,376 (net margin 0.3%) and EBITDA of ₹4.09 Lakh (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address20A Brabourne Rd Hare Street, Kolkata, West Bengal, India – 700001
- IndustryBusiness Outsourcing, Business & IT Consulting
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Progressive Towers Pvt Ltd
The main business activity of Progressive Towers is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Progressive Towers Pvt Ltd FY 2025 filings available
Progressive Towers Pvt Ltd reported revenue of ₹33.84 Lakh (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Towers Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 28% growth in the latest year. EBITDA rose 172% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Progressive Towers Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10,376 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Progressive Towers Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Progressive Towers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Progressive Towers Pvt Ltd
Progressive Towers Pvt Ltd is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HM International Finance Limited | ₹33.86 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Dextrous Indtax Solutions Private Limited | ₹33.86 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| First Ray Home Private Limited | ₹33.85 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Vikaspuri New, Delhi, India |
| Blucrest Capital Advisors Private Limited | ₹33.85 Lakh (FY 2021) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Achyutam Project Solutions Private Limited | ₹33.85 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Thane, Maharashtra, India |
| Progressive Towers Pvt Ltd this company | ₹33.84 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Kesariya Economic Advisors Private Limited | ₹33.84 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| Fynamics Services Private Limited | ₹33.83 Lakh (FY 2024) | •••• | •••• | 64.0% | •••• | Kolkata, West Bengal, India |
| Kovai Lifestyle Developers Private Limited | ₹33.83 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | Coimbatore, Tamil Nadu, India |
| Skyrock Constructions Private Limited | ₹33.83 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | New Delhi, Delhi, India |
| Arjay Management Private Limited | ₹33.82 Lakh (FY 2024) | •••• | •••• | 73.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Progressive Towers by revenue in the Real Estate industry (Builders and Developers, Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Progressive Towers Pvt Ltd
Progressive Towers Pvt Ltd is audited by KUMARROY BARMAN PRASANTA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMARROY BARMAN PRASANTA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Progressive Towers Pvt Ltd
Progressive Towers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Arora Also directs: Flora Writing Indstruments Pvt Ltd, SKJ Towers Private Limited, Hollywood Properties Private Limited and 3 more | Director | 27 Oct 1999 | 26 Years 11 Months | Current |
| Renu Arora Also directs: Flora Writing Indstruments Pvt Ltd, SKJ Towers Private Limited, Hollywood Properties Private Limited and 1 more | Director | 08 Jan 1996 | 30 Years 9 Months | Current |
| Shashi Arora Pal | Director | 24 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Progressive Towers Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Progressive Towers Pvt Ltd
Progressive Towers Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Progressive Towers Pvt Ltd
Progressive Towers Pvt Ltd has 1 court case on record: 1 filed by Progressive Towers. All case is disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Company petition | Filed by the company against Registrar of Companies, West Bengal | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Progressive Towers Pvt Ltd
Employment history and EPFO contributions of people linked to Progressive Towers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Progressive Towers Pvt Ltd
Progressive Towers Pvt Ltd has 3 board changes on record since 1996: 3 appointments. The latest: Shashi Arora Pal was appointed as Director on 24 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Towers Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Progressive Towers Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Progressive Towers Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Progressive Towers Pvt Ltd
Progressive Towers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAHCP5398J1ZN | West Bengal | Active | 15 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Progressive Towers Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Progressive Towers Pvt Ltd
Progressive Towers is an active private limited company based in Kolkata, West Bengal, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 08 January 1996 (30+ years old) and is registered under CIN U70101WB1996PTC076424.
Progressive Towers reported revenue of ₹33.84 Lakh for FY 2025 (up 28% YoY).
Progressive Towers has 3 current directors:
- Yogesh Arora - Director
- Renu Arora - Director
- Shashi Arora Pal - Director
Progressive Towers reported a net profit of ₹10,376 (net margin 0.3%) and EBITDA of ₹4.09 Lakh (EBITDA margin 12.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Towers is 6% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progressive Towers is 19AAHCP5398J1ZN, registered in West Bengal.
The CIN (Corporate Identification Number) of Progressive Towers is U70101WB1996PTC076424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Towers has 1 court case on record: 1 filed by the company.
Progressive Towers was incorporated on 08 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Progressive Towers by revenue are HM International Finance Limited, Dextrous Indtax Solutions Private Limited, First Ray Home Private Limited, Blucrest Capital Advisors Private Limited, Achyutam Project Solutions Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, Consulting Services).
Shashi Arora Pal was appointed as Director on 24 Sep 2018. Yogesh Arora was appointed as Director on 27 Oct 1999. Renu Arora was appointed as Director on 08 Jan 1996.