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08 March, 2021 11:46 IST
PVR reports net loss of Rs 492.1 mn in Q3
Source: IRIS | 15 Jan, 2021, 05.07PM
Rating: NAN / 5 stars.
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 PVR, the largest multiplex operator in India, on January 15 reported a consolidated net loss of Rs 492.1 million for the quarter ended December 31, 2020, against a profit of Rs 362.6 million in the corresponding quarter a year ago.

In the quarter ended September 30, 2020, PVR had reported a loss of Rs 1,840.6 million due to outbreak of COVID-19 and lockdowns adversely affected the business.

Revenue for the December quarter came at Rs 454 million against Rs 9157.4 million YoY and Rs 404.5 million QoQ.

Consolidated EBITDA loss came at Rs 781 million versus EBITDA of Rs 3,073 million YoY.

Shares of the company gained Rs 37, or 2.58%, to trade  at  Rs 1,472.  The total volume of shares traded  was  134,479 at  the BSE (Friday).

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