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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 mentioned a consolidated net loss of Rs 12 crore for the quarter ended September 30, 2024, reviewed to a web income of Rs 166 crore in the exact same time final year.The firm's income coming from procedures for the reported fourth endured at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore disclosed in the corresponding one-fourth of the previous economic year.However, the reduction narrowed on a quarter-on-quarter manner reviewed to the Rs 179 crore reported in Q1 FY25. Revenue raised by 36% sequentially, up from Rs 1,191 crore mentioned in the three-month period ended June 30, 2024. The incomes were introduced during the course of market hours, and while the assets was actually trading flat, the total sentiment continued to be good around 1:30 PM.The business dealt with to lessen its expenses through 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. Nonetheless, on a consecutive basis, costs boosted by 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's revenue coming from flick exhibit went down to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the very same period last year, demonstrating a twenty% decline.In comparison, income coming from flick creation and also circulation raised to Rs 108 crore in Q2 FY25, reviewed to Rs 61 crore in the corresponding one-fourth of the previous financial year.
Published On Oct 15, 2024 at 01:48 PM IST.




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