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PVR Inox blog posts Rs 12 crore reduction vs Rs 166 crore income YoY in Q2, earnings goes down 19%, ET Retail

.Rep imageMultiplex chain PVR Inox on Tuesday mentioned a combined net loss of Rs 12 crore for the fourth ended September 30, 2024, compared to a net revenue of Rs 166 crore in the very same period final year.The business's income coming from functions for the declared one-fourth stood at Rs 1,622 crore, which is 19% lower than the Rs 2,000 crore mentioned in the equivalent one-fourth of the previous monetary year.However, the loss narrowed on a quarter-on-quarter basis matched up to the Rs 179 crore posted in Q1 FY25. Income boosted by 36% sequentially, up from Rs 1,191 crore reported in the three-month period ended June 30, 2024. The incomes were actually declared throughout market hours, and also while the assets was actually trading fixed, the total conviction stayed good around 1:30 PM.The firm took care of to decrease its own expenditures by 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. Nevertheless, on a sequential manner, expenditures boosted by 15% compared to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's income from flick show fell to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the exact same period in 2013, demonstrating a twenty% decline.In comparison, income coming from motion picture development as well as distribution boosted to Rs 108 crore in Q2 FY25, compared to Rs 61 crore in the corresponding fourth of the previous fiscal year.
Released On Oct 15, 2024 at 01:48 PM IST.




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