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

.Agent imageMultiplex chain PVR Inox on Tuesday stated a combined bottom line of Rs 12 crore for the quarter ended September 30, 2024, matched up to a web income of Rs 166 crore in the exact same time final year.The company's profits from operations for the reported one-fourth endured at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore disclosed in the corresponding quarter of the previous financial year.However, the reduction tightened on a quarter-on-quarter manner contrasted to the Rs 179 crore reported in Q1 FY25. Revenue increased by 36% sequentially, up coming from Rs 1,191 crore disclosed in the three-month period ended June 30, 2024. The earnings were revealed in the course of market hours, and also while the equity was trading flat, the total belief continued to be beneficial around 1:30 PM.The firm dealt with to minimize its own costs through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nevertheless, on a sequential basis, expenditures improved through 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's revenue from film show went down to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the exact same time period last year, reflecting a 20% decline.In comparison, earnings from flick creation and also distribution raised to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the matching one-fourth of the previous financial year.
Released On Oct 15, 2024 at 01:48 PM IST.




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