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PVR Inox blog posts Rs 12 crore loss vs Rs 166 crore earnings YoY in Q2, income drops 19%, ET Retail

.Representative imageMultiplex chain PVR Inox on Tuesday reported a combined bottom line of Rs 12 crore for the fourth finished September 30, 2024, compared to a web revenue of Rs 166 crore in the exact same time final year.The company's earnings from procedures for the noted one-fourth endured at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore disclosed in the corresponding quarter of the previous economic year.However, the reduction tightened on a quarter-on-quarter basis contrasted to the Rs 179 crore reported in Q1 FY25. Profits enhanced by 36% sequentially, up coming from Rs 1,191 crore mentioned in the three-month period finished June 30, 2024. The earnings were revealed in the course of market hrs, and also while the stock was actually trading fixed, the total belief continued to be positive around 1:30 PM.The company handled to decrease its own expenses by 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nevertheless, on a consecutive basis, expenses boosted through 15% reviewed to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's profits from movie exhibition dropped to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the exact same duration in 2014, reflecting a twenty% decline.In comparison, profits coming from movie creation and also distribution boosted to Rs 108 crore in Q2 FY25, compared to Rs 61 crore in the corresponding one-fourth of the previous fiscal year.
Published On Oct 15, 2024 at 01:48 PM IST.




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