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

.Rep imageMultiplex chain PVR Inox on Tuesday reported a consolidated bottom line of Rs 12 crore for the fourth ended September 30, 2024, compared to a web profit of Rs 166 crore in the same time final year.The provider's income from procedures for the reported 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 economic year.However, the reduction limited on a quarter-on-quarter manner contrasted to the Rs 179 crore reported in Q1 FY25. Profits improved by 36% sequentially, up coming from Rs 1,191 crore mentioned in the three-month period finished June 30, 2024. The earnings were introduced during market hrs, as well as while the stock was trading fixed, the overall feeling continued to be beneficial around 1:30 PM.The business managed to lessen its own expenses through 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. However, on a consecutive manner, expenses improved through 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's income coming from flick exhibition went down to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the very same time period in 2013, reflecting a 20% decline.In contrast, income coming from flick development and also circulation improved to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the corresponding quarter of the previous fiscal year.
Published On Oct 15, 2024 at 01:48 PM IST.




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