.Representative imageMultiplex chain PVR Inox on Tuesday stated a consolidated net loss of Rs 12 crore for the one-fourth finished September 30, 2024, reviewed to a web revenue of Rs 166 crore in the very same time final year.The business's earnings coming from procedures for the reported quarter remained at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore reported in the corresponding fourth of the previous monetary year.However, the loss narrowed on a quarter-on-quarter manner compared to the Rs 179 crore reported in Q1 FY25. Earnings increased by 36% sequentially, up coming from Rs 1,191 crore stated in the three-month time finished June 30, 2024. The profits were revealed throughout market hours, and also while the share was trading flat, the general feeling continued to be good around 1:30 PM.The provider handled to decrease its expenses through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nevertheless, on a consecutive basis, expenses boosted by 15% reviewed to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's profits from film exhibition went down to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the very same duration in 2014, demonstrating a 20% decline.In contrast, earnings coming from movie development as well as distribution improved to Rs 108 crore in Q2 FY25, compared to Rs 61 crore in the matching quarter of the previous fiscal year.
Released On Oct 15, 2024 at 01:48 PM IST.
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