.Agent imageMultiplex establishment PVR Inox on Tuesday stated a consolidated net loss of Rs 12 crore for the fourth ended September 30, 2024, contrasted to a net profit of Rs 166 crore in the very same time last year.The company’s earnings coming from functions for the noted quarter remained at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore disclosed in the corresponding quarter of the previous monetary year.However, the reduction tightened on a quarter-on-quarter basis matched up to the Rs 179 crore reported in Q1 FY25. Income increased through 36% sequentially, up from Rs 1,191 crore stated in the three-month time finished June 30, 2024. The incomes were introduced during the course of market hrs, as well as while the equity was actually trading fixed, the total sentiment stayed favorable around 1:30 PM.The firm managed to minimize its costs through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24.
Having said that, on a consecutive basis, expenses raised through 15% compared to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR’s revenue from motion picture show went down to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the very same time period in 2015, mirroring a 20% decline.In comparison, revenue from film production and also distribution boosted to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the matching one-fourth of the previous financial year. Published On Oct 15, 2024 at 01:48 PM IST. Join the community of 2M+ sector experts.Register for our newsletter to get most up-to-date understandings & study.
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