(You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channelMultiplex chain PVR Inox on Tuesday reported a consolidated net loss of Rs 130 crore in the quarter ended March 31, 2024, down from Rs 333 crore reported in the year-ago period.In the October-December quarter, it had reported a profit of Rs 13 crore.The company reported revenue from operations at Rs 1,256 crore, up 10% over Rs 1,143 crore reported in the year-ago period.For the full financial year, the loss reported was Rs 32 crore, down from Rs 335 crore in FY23.
The revenue in the said period stood at Rs 6,107 crore, higher than Rs 3,751 crore reported in the year-ago period.The Earnings Before Interest, Taxes, Depreciation, and Amortisation ( EBITDA ) for the quarter under review stood at Rs 35.20 crore.
PVR said 3.26 crore patrons visited its cinemas during the quarter gone by with an average ticket price (ATP) of Rs 233.
In FY24, 130 new screens opened across 25 properties.
The average F&B spend per head was reported at Rs 132 in the full year.The company managed to reduce its net debt of Rs 136.40 crore.The earnings were announced during market hours and the stock fell by Rs 12.35 or 0.94% on the NSE to Rs 1,303.25.
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Multiplex chain PVR Inox on Tuesday reported a consolidated net loss of Rs 130 crore in the quarter ended March 31, 2024, down from Rs 333 crore reported in the year-ago period.In the October-December quarter, it had reported a profit of Rs 13 crore.The company reported revenue from operations at Rs 1,256 crore, up 10% over Rs 1,143 crore reported in the year-ago period.For the full financial year, the loss reported was Rs 32 crore, down from Rs 335 crore in FY23. The revenue in the said period stood at Rs 6,107 crore, higher than Rs 3,751 crore reported in the year-ago period.The Earnings Before Interest, Taxes, Depreciation, and Amortisation ( EBITDA ) for the quarter under review stood at Rs 35.20 crore. PVR said 3.26 crore patrons visited its cinemas during the quarter gone by with an average ticket price (ATP) of Rs 233. The food & beverage (F&B) spend per head (SPH) was reported at Rs 129.In the January-March quarter, 33 new screens opened across 6 properties and as of date PVR INOX operates 360 cinemas with 1,748 screens across 112 cities.For the full financial year, patrons visiting its cinemas stood at 15.14 crore with an average ticket price of Rs 259. In FY24, 130 new screens opened across 25 properties. The average F&B spend per head was reported at Rs 132 in the full year.The company managed to reduce its net debt of Rs 136.40 crore.The earnings were announced during market hours and the stock fell by Rs 12.35 or 0.94% on the NSE to Rs 1,303.25.
