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PVR INOX posts loss of ₹11.8 crore in Q2: As against profit of ₹166 crore in Q1, revenue falls 19% to ₹1,622 crore

Multiplex chain PVR INOX has reported Rs. 11.8 crore has been recorded as a loss. In the same quarter last year, the company posted Rs. 166 crore profit was made.

PVR's consolidated revenue from operations in the July-September quarter fell 19% year-on-year to Rs. 1,622 crores. In the same quarter last year, the company posted Rs. 1999 crores in revenue.

PVR's revenue grew 36% quarter-on-quarter

The multiplex chain company's loss is Rs. 11.8 crore, which is 93.41% lower than the previous quarter (April-June 2024). In April-June it was Rs. 179 crores. Then the company paid Rs. 1,191 crores in revenue. Accordingly, the revenue has increased by 36% in the current quarter.

Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).

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