.Agent imageMultiplex establishment PVR Inox on Tuesday mentioned a consolidated net loss of Rs 12 crore for the quarter finished September 30, 2024, matched up to a net profit of Rs 166 crore in the exact same time last year.The business’s income from procedures for the noted one-fourth remained at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore stated in the corresponding one-fourth of the previous economic year.However, the loss limited on a quarter-on-quarter manner reviewed to the Rs 179 crore reported in Q1 FY25. Income improved through 36% sequentially, up from Rs 1,191 crore mentioned in the three-month time finished June 30, 2024. The profits were actually introduced during the course of market hours, and also while the stock was trading flat, the overall view remained favorable around 1:30 PM.The firm managed to decrease its costs 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, costs raised by 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR’s profits coming from film show lost to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the same period last year, showing a 20% decline.In comparison, revenue coming from film manufacturing and also distribution boosted to Rs 108 crore in Q2 FY25, compared to Rs 61 crore in the equivalent one-fourth of the previous financial year. Published On Oct 15, 2024 at 01:48 PM IST. Join the area of 2M+ sector experts.Subscribe to our email list to receive most up-to-date knowledge & review.
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