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PVR Inox articles Rs 12 crore loss vs Rs 166 crore revenue YoY in Q2, earnings loses 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, contrasted to an internet income of Rs 166 crore in the exact same time final year.The company's earnings coming from functions for the declared fourth endured at Rs 1,622 crore, which is actually 19% lower than the Rs 2,000 crore stated in the corresponding quarter of the previous economic year.However, the loss tightened on a quarter-on-quarter basis reviewed to the Rs 179 crore posted in Q1 FY25. Profits enhanced through 36% sequentially, up coming from Rs 1,191 crore disclosed in the three-month period finished June 30, 2024. The revenues were actually announced during the course of market hours, as well as while the equity was trading flat, the overall feeling remained favorable around 1:30 PM.The company took care of to lower its own expenses through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Having said that, on a consecutive basis, expenditures improved through 15% contrasted to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's profits from motion picture exhibit fell to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the same time frame in 2015, mirroring a twenty% decline.In comparison, profits from film development as well as distribution boosted to Rs 108 crore in Q2 FY25, compared to Rs 61 crore in the equivalent fourth of the previous financial year.
Released On Oct 15, 2024 at 01:48 PM IST.




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