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PVR Inox blog posts 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 reported a combined bottom line of Rs 12 crore for the quarter ended September 30, 2024, matched up to an internet earnings of Rs 166 crore in the exact same period final year.The business's profits from functions for the noted fourth remained at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore reported in the matching quarter of the previous economic year.However, the reduction narrowed on a quarter-on-quarter basis contrasted to the Rs 179 crore reported in Q1 FY25. Earnings improved through 36% sequentially, up coming from Rs 1,191 crore disclosed in the three-month period finished June 30, 2024. The incomes were actually revealed throughout market hours, and also while the stock was trading flat, the total belief stayed good around 1:30 PM.The company managed to decrease its expenditures by 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. Nevertheless, on a consecutive manner, expenditures enhanced by 15% contrasted to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's income from motion picture event lost to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the very same time period in 2015, demonstrating a 20% decline.In contrast, revenue from motion picture production and also circulation raised to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the matching fourth of the previous financial year.
Released On Oct 15, 2024 at 01:48 PM IST.




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