.Representative imageMultiplex chain PVR Inox on Tuesday stated a combined net loss of Rs 12 crore for the fourth finished September 30, 2024, reviewed to a web profit of Rs 166 crore in the exact same time last year.The company's earnings from operations for the reported quarter remained at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore reported in the matching quarter of the previous economic year.However, the loss tightened on a quarter-on-quarter manner reviewed to the Rs 179 crore posted in Q1 FY25. Profits raised through 36% sequentially, up from Rs 1,191 crore reported in the three-month period ended June 30, 2024. The profits were actually introduced in the course of market hrs, as well as while the stock was trading fixed, the overall belief remained beneficial around 1:30 PM.The provider took care of to decrease its own costs through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. However, on a sequential manner, expenses raised through 15% reviewed to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's profits coming from movie exhibit went down to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the exact same duration last year, showing a twenty% decline.In comparison, profits coming from film manufacturing and also circulation increased to Rs 108 crore in Q2 FY25, reviewed 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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