PVR Inox Q2 Results 2024: PVR INOX gets a huge blow in profit, know the loss of how many crores…

PVR Inox Q2 Results 2024: Multiplex chain PVR Inox has suffered a loss of Rs 11.8 crore in the second quarter of 2024-25. In the same quarter last year, the company had made a profit of Rs 166 crore.

PVR's consolidated revenue from operations declined 19% year-on-year to Rs 1,622 crore in the July-September quarter. In the same quarter last year, the company had earned a revenue of Rs 1999 crore.

PVR's revenue increased by 36% on a quarterly basis

The loss of the multiplex chain company reduced by 93.41% to Rs 11.8 crore as compared to the previous quarter (April-June 2024). In April-June it was Rs 179 crore. Then the company had earned a revenue of Rs 1,191 crore. Accordingly, there has been an increase of 36% in revenue in the current quarter.

PVR Inox Q2 Results 2024: PVR Inox shares declined by 2.54% this year.

Shares of multiplex chain PVR Inox are trading at Rs 1,618.35 with a gain of 1.78% at 2:40 pm on Tuesday (October 15). PVR shares have given a return of 15.93% in the last 6 months.

It has declined by 4.23% in a month and by 2.53% this year. The company's shares have given a negative return of 7.19% in the last one year.

How does PVR Inox make money? Multiplexes make money in three ways:

Box Office: Earning by selling tickets of films and other events

Food and Beverages: Selling food and beverages to theatergoers

Ads: Show ads before and during movies

PVR Inox now has 30% share of the box office collection. Its share in total screens is 18%. According to ICICI Securities, food and beverage sales contribute about 30% to PVR Inox's total revenue.

Comments are closed.