Columns

PVR Inox blog posts Rs 12 crore loss vs Rs 166 crore revenue YoY in Q2, revenue loses 19%, ET Retail

.Agent imageMultiplex chain PVR Inox on Tuesday stated a combined bottom line of Rs 12 crore for the fourth finished September 30, 2024, reviewed to a web income of Rs 166 crore in the very same period final year.The company's revenue coming from procedures for the noted quarter remained at Rs 1,622 crore, which is 19% lower than the Rs 2,000 crore stated in the corresponding quarter of the previous financial year.However, the loss tightened on a quarter-on-quarter manner reviewed to the Rs 179 crore posted in Q1 FY25. Revenue boosted by 36% sequentially, up coming from Rs 1,191 crore disclosed in the three-month time finished June 30, 2024. The revenues were actually declared during the course of market hours, and while the equity was trading flat, the total belief remained beneficial around 1:30 PM.The business dealt with to minimize its expenditures through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nevertheless, on a sequential basis, expenses improved by 15% reviewed to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's income coming from movie show dropped to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the exact same time frame last year, showing a 20% decline.In contrast, earnings from film creation and also circulation enhanced to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the matching one-fourth of the previous fiscal year.
Published On Oct 15, 2024 at 01:48 PM IST.




Sign up with the community of 2M+ business professionals.Sign up for our e-newsletter to obtain most recent ideas &amp evaluation.


Install ETRetail Application.Get Realtime updates.Conserve your favorite short articles.


Scan to download and install Application.

Articles You Can Be Interested In