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

.Agent imageMultiplex establishment PVR Inox on Tuesday reported a combined bottom line of Rs 12 crore for the fourth finished September 30, 2024, matched up to a web earnings of Rs 166 crore in the same period final year.The business's profits from operations for the declared fourth endured at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore reported in the matching one-fourth of the previous financial year.However, the reduction tightened on a quarter-on-quarter basis matched up to the Rs 179 crore reported in Q1 FY25. Income raised through 36% sequentially, up from Rs 1,191 crore mentioned in the three-month time finished June 30, 2024. The incomes were declared throughout market hrs, and while the share was actually trading fixed, the overall belief remained favorable around 1:30 PM.The provider took care of to lower its expenditures through 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. Having said that, on a sequential manner, expenditures enhanced by 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's profits from motion picture show lost to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the same period in 2013, mirroring a twenty% decline.In comparison, profits coming from motion picture manufacturing and circulation raised to Rs 108 crore in Q2 FY25, compared to Rs 61 crore in the matching fourth of the previous fiscal year.
Posted On Oct 15, 2024 at 01:48 PM IST.




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