.Rep imageMultiplex chain PVR Inox on Tuesday disclosed a consolidated net loss of Rs 12 crore for the one-fourth ended September 30, 2024, contrasted to an internet earnings of Rs 166 crore in the same period last year.The firm's profits coming from functions for the documented one-fourth stood at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore stated in the matching fourth of the previous monetary year.However, the reduction tightened on a quarter-on-quarter basis reviewed to the Rs 179 crore posted in Q1 FY25. Profits enhanced by 36% sequentially, up from Rs 1,191 crore disclosed in the three-month time ended June 30, 2024. The profits were introduced throughout market hours, as well as while the equity was actually trading fixed, the total sentiment remained beneficial around 1:30 PM.The company handled to lower its costs through 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. However, on a sequential manner, costs boosted by 15% compared to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's income coming from motion picture exhibition went down to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the same time frame in 2015, showing a twenty% decline.In contrast, profits coming from film creation as well as distribution increased to Rs 108 crore in Q2 FY25, reviewed to Rs 61 crore in the equivalent quarter of the previous financial year.
Published On Oct 15, 2024 at 01:48 PM IST.
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