.Representative imageMultiplex chain PVR Inox on Tuesday reported a combined net loss of Rs 12 crore for the quarter finished September 30, 2024, reviewed to an internet earnings of Rs 166 crore in the exact same period final year.The firm's income coming from operations for the noted one-fourth endured at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore reported in the corresponding quarter of the previous financial year.However, the reduction narrowed on a quarter-on-quarter basis compared to the Rs 179 crore posted in Q1 FY25. Revenue boosted by 36% sequentially, up coming from Rs 1,191 crore stated in the three-month period ended June 30, 2024. The profits were declared in the course of market hrs, as well as while the stock was actually trading flat, the total view remained positive around 1:30 PM.The firm handled to lessen its own costs through 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. However, on a consecutive basis, costs enhanced by 15% contrasted to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's revenue coming from flick show lost to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the exact same period last year, demonstrating a twenty% decline.In contrast, income coming from film manufacturing as well as distribution raised to Rs 108 crore in Q2 FY25, matched up to Rs 61 crore in the equivalent fourth of the previous financial year.
Released On Oct 15, 2024 at 01:48 PM IST.
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