.Agent imageMultiplex chain PVR Inox on Tuesday reported a combined net loss of Rs 12 crore for the fourth ended September 30, 2024, compared to a web profit of Rs 166 crore in the very same time final year.The provider's income from procedures for the documented one-fourth endured at Rs 1,622 crore, which is 19% lower than the Rs 2,000 crore stated in the corresponding fourth of the previous economic year.However, the reduction tightened on a quarter-on-quarter basis contrasted to the Rs 179 crore posted in Q1 FY25. Income enhanced through 36% sequentially, up coming from Rs 1,191 crore reported in the three-month period finished June 30, 2024. The earnings were announced in the course of market hours, and while the stock was trading flat, the total conviction remained favorable around 1:30 PM.The business took care of to decrease its own expenses through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. However, on a sequential manner, costs boosted through 15% contrasted to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's revenue from movie event fell to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the exact same period in 2015, mirroring a 20% decline.In comparison, earnings coming from movie manufacturing as well as distribution raised to Rs 108 crore in Q2 FY25, reviewed to Rs 61 crore in the equivalent fourth of the previous fiscal year.
Released On Oct 15, 2024 at 01:48 PM IST.
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