.Agent imageMultiplex establishment PVR Inox on Tuesday mentioned a consolidated bottom line of Rs 12 crore for the one-fourth finished September 30, 2024, matched up to a net income of Rs 166 crore in the very same period last year.The business's income from procedures for the declared quarter endured at Rs 1,622 crore, which is actually 19% less than the Rs 2,000 crore reported in the equivalent quarter of the previous monetary year.However, the loss tightened on a quarter-on-quarter basis compared to the Rs 179 crore posted in Q1 FY25. Profits boosted by 36% sequentially, up coming from Rs 1,191 crore disclosed in the three-month period ended June 30, 2024. The profits were actually declared in the course of market hrs, and while the stock was actually trading flat, the general view continued to be good around 1:30 PM.The business handled to reduce its costs by 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nonetheless, on a consecutive basis, expenses increased through 15% contrasted to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's earnings coming from motion picture exhibit dropped to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the very same period last year, demonstrating a 20% decline.In comparison, profits from movie development as well as circulation enhanced to Rs 108 crore in Q2 FY25, compared 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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