.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 a web revenue of Rs 166 crore in the very same period last year.The company's earnings coming from operations for the declared quarter stood at Rs 1,622 crore, which is actually 19% lower than the Rs 2,000 crore mentioned in the matching fourth of the previous monetary year.However, the loss tightened on a quarter-on-quarter manner compared to the Rs 179 crore posted in Q1 FY25. Earnings increased through 36% sequentially, up from Rs 1,191 crore disclosed in the three-month time finished June 30, 2024. The incomes were announced in the course of market hrs, as well as while the share was actually trading flat, the general feeling remained favorable around 1:30 PM.The company dealt with 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, expenses improved through 15% matched up to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's profits from movie event lost to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the very same period in 2013, mirroring a twenty% decline.In comparison, earnings coming from movie production as well as distribution enhanced to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the equivalent one-fourth of the previous financial year.
Published On Oct 15, 2024 at 01:48 PM IST.
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