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PVR Inox posts Rs 12 crore reduction vs Rs 166 crore income YoY in Q2, income loses 19%, ET Retail

.Representative imageMultiplex chain PVR Inox on Tuesday disclosed a consolidated bottom line of Rs 12 crore for the fourth finished September 30, 2024, compared to a net profit of Rs 166 crore in the same time final year.The business's earnings from procedures for the noted fourth endured at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore reported in the equivalent quarter of the previous financial year.However, the reduction narrowed on a quarter-on-quarter manner compared to the Rs 179 crore posted in Q1 FY25. Earnings raised through 36% sequentially, up coming from Rs 1,191 crore stated in the three-month period finished June 30, 2024. The incomes were introduced in the course of market hrs, as well as while the assets was trading fixed, the total sentiment continued to be positive around 1:30 PM.The provider managed to decrease its expenses through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nonetheless, on a sequential basis, costs increased through 15% reviewed to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's revenue coming from flick exhibit dropped to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the exact same time frame last year, demonstrating a twenty% decline.In comparison, income coming from motion picture development as well as circulation improved to Rs 108 crore in Q2 FY25, reviewed to Rs 61 crore in the corresponding fourth of the previous financial year.
Published On Oct 15, 2024 at 01:48 PM IST.




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