.Agent imageMultiplex chain PVR Inox on Tuesday reported a consolidated net loss of Rs 12 crore for the one-fourth ended September 30, 2024, compared to a net earnings of Rs 166 crore in the same period last year.The firm's profits from operations for the declared fourth endured at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore mentioned in the matching quarter of the previous financial year.However, the loss tightened on a quarter-on-quarter manner reviewed to the Rs 179 crore posted in Q1 FY25. Revenue enhanced through 36% sequentially, up from Rs 1,191 crore disclosed in the three-month period ended June 30, 2024. The profits were introduced during the course of market hrs, and also while the equity was actually trading fixed, the total sentiment remained favorable around 1:30 PM.The company managed to lower its expenses by 7% year-on-year (YoY) to Rs 1,679 crore, down from Rs 1,802 crore in Q2 FY24. However, on a sequential basis, costs increased by 15% compared to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's earnings coming from film exhibition lost to Rs 1,579 crore in Q2 FY25, down from Rs 1,970 crore in the very same period in 2014, demonstrating a twenty% decline.In comparison, income coming from flick production as well as distribution improved to Rs 108 crore in Q2 FY25, matched up to Rs 61 crore in the equivalent fourth of the previous financial year.
Published On Oct 15, 2024 at 01:48 PM IST.
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