Columns

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

.Rep imageMultiplex establishment PVR Inox on Tuesday mentioned a consolidated bottom line of Rs 12 crore for the fourth ended September 30, 2024, matched up to a net profit of Rs 166 crore in the exact same period final year.The company's earnings coming from operations for the declared one-fourth stood at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore stated in the equivalent quarter of the previous financial year.However, the loss limited on a quarter-on-quarter basis compared to the Rs 179 crore reported in Q1 FY25. Profits raised through 36% sequentially, up from Rs 1,191 crore mentioned in the three-month time finished June 30, 2024. The profits were actually declared during the course of market hours, as well as while the assets was trading flat, the total feeling remained positive around 1:30 PM.The firm handled to lower its own expenditures by 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. However, on a sequential manner, expenses boosted through 15% contrasted to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's earnings from motion picture event fell to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the same duration in 2013, reflecting a 20% decline.In contrast, income coming from flick creation and circulation boosted to Rs 108 crore in Q2 FY25, reviewed to Rs 61 crore in the equivalent one-fourth of the previous fiscal year.
Posted On Oct 15, 2024 at 01:48 PM IST.




Join the community of 2M+ field experts.Register for our e-newsletter to acquire latest knowledge &amp study.


Install ETRetail Application.Obtain Realtime updates.Spare your much-loved short articles.


Browse to install App.

Articles You Can Be Interested In