.Agent imageMultiplex establishment PVR Inox on Tuesday reported a combined net loss of Rs 12 crore for the fourth finished September 30, 2024, compared to a web profit of Rs 166 crore in the exact same period last year.The business's income from operations for the reported quarter endured at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore reported in the equivalent one-fourth of the previous monetary year.However, the loss tightened on a quarter-on-quarter basis contrasted to the Rs 179 crore posted in Q1 FY25. Income boosted by 36% sequentially, up coming from Rs 1,191 crore stated in the three-month period ended June 30, 2024. The incomes were declared during market hours, and while the equity was actually trading flat, the general view continued to be good around 1:30 PM.The business managed to reduce its own expenses by 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nevertheless, on a sequential manner, expenditures raised through 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's earnings coming from flick exhibition lost to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the very same duration in 2015, mirroring a twenty% decline.In contrast, profits coming from movie production and also circulation increased to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the corresponding one-fourth of the previous financial year.
Published On Oct 15, 2024 at 01:48 PM IST.
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