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PVR Inox articles Rs 12 crore loss vs Rs 166 crore income YoY in Q2, income goes down 19%, ET Retail

.Rep imageMultiplex establishment PVR Inox on Tuesday stated a combined bottom line of Rs 12 crore for the fourth finished September 30, 2024, matched up to an internet revenue of Rs 166 crore in the very same time last year.The firm's income from operations for the noted fourth endured at Rs 1,622 crore, which is actually 19% lower than the Rs 2,000 crore stated in the equivalent fourth of the previous financial year.However, the reduction tightened on a quarter-on-quarter basis compared to the Rs 179 crore posted in Q1 FY25. Profits increased by 36% sequentially, up from Rs 1,191 crore disclosed in the three-month period ended June 30, 2024. The revenues were actually announced during market hrs, and also while the stock was trading flat, the overall view continued to be positive around 1:30 PM.The company handled to decrease its expenses by 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, expenses boosted by 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's revenue from motion picture show went down to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the exact same time frame in 2014, mirroring a 20% decline.In contrast, income coming from motion picture creation and circulation raised to Rs 108 crore in Q2 FY25, reviewed to Rs 61 crore in the equivalent one-fourth of the previous fiscal year.
Posted On Oct 15, 2024 at 01:48 PM IST.




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