.Rep imageMultiplex establishment PVR Inox on Tuesday stated 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 time last year.The company's revenue coming from procedures for the declared quarter remained at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore disclosed in the corresponding quarter of the previous financial year.However, the loss tightened on a quarter-on-quarter basis contrasted to the Rs 179 crore reported in Q1 FY25. Earnings boosted through 36% sequentially, up from Rs 1,191 crore stated in the three-month period finished June 30, 2024. The profits were actually declared throughout market hrs, and while the equity was trading flat, the general conviction continued to be good around 1:30 PM.The business took care of to lower its own expenditures through 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. Nevertheless, on a consecutive manner, costs increased through 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's income from film event went down to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the very same duration in 2014, showing a twenty% decline.In comparison, income from motion picture development and distribution increased to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the corresponding one-fourth of the previous fiscal year.
Posted On Oct 15, 2024 at 01:48 PM IST.
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