.Agent imageMultiplex chain PVR Inox on Tuesday reported a combined net loss of Rs 12 crore for the quarter ended September 30, 2024, matched up to a net income of Rs 166 crore in the exact same period final year.The provider’s earnings from procedures for the reported fourth stood at Rs 1,622 crore, which is 19% lower than the Rs 2,000 crore mentioned in the equivalent fourth of the previous monetary year.However, the reduction limited on a quarter-on-quarter basis reviewed to the Rs 179 crore posted in Q1 FY25. Earnings raised by 36% sequentially, up from Rs 1,191 crore stated in the three-month time finished June 30, 2024. The profits were revealed during market hrs, and while the share was actually trading flat, the general belief remained positive around 1:30 PM.The business took care of to lower its expenditures by 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24.
However, on a consecutive basis, expenses increased through 15% reviewed to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR’s revenue from film exhibit went down to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the same duration in 2015, mirroring a twenty% decline.In contrast, revenue coming from film production and also distribution improved to Rs 108 crore in Q2 FY25, compared to Rs 61 crore in the matching quarter of the previous fiscal year. Posted On Oct 15, 2024 at 01:48 PM IST. Join the area of 2M+ industry experts.Sign up for our email list to receive most recent insights & evaluation.
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