.Agent imageMultiplex establishment PVR Inox on Tuesday disclosed a consolidated net loss of Rs 12 crore for the one-fourth ended September 30, 2024, contrasted to a web earnings of Rs 166 crore in the exact same period final year.The business's earnings from functions for the declared quarter stood at Rs 1,622 crore, which is 19% less than the Rs 2,000 crore reported in the matching fourth of the previous financial year.However, the loss narrowed on a quarter-on-quarter manner reviewed to the Rs 179 crore reported in Q1 FY25. Income increased by 36% sequentially, up from Rs 1,191 crore stated in the three-month period finished June 30, 2024. The incomes were actually declared in the course of market hrs, as well as while the stock was actually trading fixed, the general view continued to be good around 1:30 PM.The company took care of to decrease its own costs by 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nevertheless, on a consecutive basis, expenditures boosted through 15% contrasted to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's revenue coming from movie event went down to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the very same time period last year, demonstrating a 20% decline.In comparison, profits from flick production as well as distribution boosted to Rs 108 crore in Q2 FY25, reviewed to Rs 61 crore in the matching fourth of the previous fiscal year.
Released On Oct 15, 2024 at 01:48 PM IST.
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