.Rep imageMultiplex chain PVR Inox on Tuesday mentioned a combined net loss of Rs 12 crore for the quarter finished September 30, 2024, reviewed to an internet revenue of Rs 166 crore in the exact same time final year.The business's earnings coming from procedures for the declared fourth endured at Rs 1,622 crore, which is 19% lower than the Rs 2,000 crore stated in the matching one-fourth of the previous financial year.However, the reduction limited on a quarter-on-quarter manner matched up to the Rs 179 crore reported in Q1 FY25. Earnings increased by 36% sequentially, up coming from Rs 1,191 crore mentioned in the three-month time ended June 30, 2024. The profits were introduced in the course of market hours, and while the assets was trading flat, the overall view stayed favorable around 1:30 PM.The provider dealt with to minimize its costs through 7% year-on-year (YoY) to Rs 1,679 crore, below Rs 1,802 crore in Q2 FY24. Nonetheless, on a sequential basis, costs raised through 15% contrasted to Rs 1,457 crore in Q1 FY25.Segment-wise, PVR's profits coming from flick exhibition fell to Rs 1,579 crore in Q2 FY25, below Rs 1,970 crore in the same duration in 2013, mirroring a 20% decline.In comparison, earnings from film manufacturing and distribution increased to Rs 108 crore in Q2 FY25, contrasted to Rs 61 crore in the matching one-fourth of the previous financial year.
Published On Oct 15, 2024 at 01:48 PM IST.
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