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PVR Inox posts net loss of ₹11.8 crore in Q2 FY25, revenue declines 19%
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2 min read | Updated on October 15, 2024, 14:00 IST
SUMMARY
PVR Inox Q2 Results: Earnings before interest, taxes, depreciation, and amortisation (EBITDA) declined 32.1% to ₹479 crore from ₹705 crore in Q2 FY24. The EBITDA Margin also fell 580 basis points to 29.5%.
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Revenue from operations declined 18.9% to ₹1,622.1 crore in Q2 FY25.
The revenue from operations declined 18.9% to ₹1,622.1 crore in the quarter under review as against ₹1,999.9 crore a year back. Sequentially, the revenue increased 36.2%.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) declined 32.1% to ₹479 crore from ₹705 crore in Q2 FY24. The EBITDA Margin also fell 580 basis points to 29.5%.
The company also appointed Vishal Kashyap Mahadevia as an Additional Director, designated as an Independent Director on the Board of the Company for a period of five years, effective October 22, 2024.
PVR Inox shares trade in green
Following the July-September quarter earnings, shares of PVR Inox are trading 1.8% higher at ₹1,618.7 apiece on the NSE. The company's market capitalisation stands at ₹15,895 crore.
In the past three months, the stock has surged 10.8%. Year-to-date, the scrip has declined 3.1%, while it shed 8.4% in the past year.
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