.Agent imageMultiplex chain PVR Inox on Tuesday mentioned a combined net loss of Rs 12 crore for the fourth ended September 30, 2024, reviewed to an internet profit of Rs 166 crore in the same time final year.The provider's revenue coming from procedures for the documented one-fourth remained at Rs 1,622 crore, which is 19% lower than the Rs 2,000 crore stated in the equivalent quarter of the previous monetary year.However, the loss narrowed on a quarter-on-quarter basis contrasted to the Rs 179 crore posted in Q1 FY25. Profits raised by 36% sequentially, up coming from Rs 1,191 crore disclosed in the three-month period finished June 30, 2024. The earnings were introduced during the course of market hours, and also while the assets was trading flat, the overall feeling continued to be beneficial around 1:30 PM.The provider handled to decrease its expenditures by 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. However, on a sequential basis, costs enhanced by 15% reviewed to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's income coming from film show dropped to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the exact same time period last year, showing a 20% decline.In contrast, income coming from motion picture manufacturing and also distribution improved to Rs 108 crore in Q2 FY25, compared to Rs 61 crore in the equivalent one-fourth of the previous financial year.
Released On Oct 15, 2024 at 01:48 PM IST.
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