.Rep imageMultiplex chain PVR Inox on Tuesday reported a consolidated net loss of Rs 12 crore for the quarter ended September 30, 2024, reviewed to an internet profit of Rs 166 crore in the exact same time final year.The company’s revenue coming from procedures for the noted quarter remained at Rs 1,622 crore, which is 19% lower than the Rs 2,000 crore disclosed in the matching quarter of the previous economic year.However, the reduction narrowed on a quarter-on-quarter manner matched up to the Rs 179 crore reported in Q1 FY25. Profits improved by 36% sequentially, up from Rs 1,191 crore mentioned in the three-month time finished June 30, 2024. The incomes were declared throughout market hours, as well as while the share was actually trading fixed, the overall view remained good around 1:30 PM.The provider managed to lower its own expenses through 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24.
Nonetheless, on a sequential basis, expenditures boosted through 15% compared to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR’s profits from movie exhibit dropped to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the very same time frame in 2015, showing a 20% decline.In comparison, revenue coming from film creation as well as distribution boosted to Rs 108 crore in Q2 FY25, matched up to Rs 61 crore in the matching quarter of the previous fiscal year. Released On Oct 15, 2024 at 01:48 PM IST. Participate in the neighborhood of 2M+ field specialists.Subscribe to our newsletter to receive most recent insights & study.
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