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PVR Inox articles Rs 12 crore reduction vs Rs 166 crore income YoY in Q2, earnings drops 19%, ET Retail

.Agent imageMultiplex establishment PVR Inox on Tuesday reported a consolidated bottom line of Rs 12 crore for the one-fourth finished September 30, 2024, matched up to a web revenue of Rs 166 crore in the same period final year.The business's income from procedures for the documented fourth stood at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore stated in the corresponding fourth of the previous financial year.However, the reduction narrowed on a quarter-on-quarter basis matched up to the Rs 179 crore reported in Q1 FY25. Earnings improved by 36% sequentially, up from Rs 1,191 crore disclosed in the three-month time finished June 30, 2024. The revenues were actually revealed during the course of market hours, and while the equity was trading flat, the total conviction continued to be good around 1:30 PM.The company dealt with to minimize its costs by 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. Nevertheless, on a consecutive basis, expenses boosted by 15% compared to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's revenue from film exhibition went down to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the exact same period in 2013, mirroring a twenty% decline.In contrast, profits coming from movie manufacturing as well as distribution improved to Rs 108 crore in Q2 FY25, matched up to Rs 61 crore in the matching fourth of the previous financial year.
Posted On Oct 15, 2024 at 01:48 PM IST.




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