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Oct 15, 08:05 AM
PVR Inox Reports ₹11.8 Crore Q2 Loss vs ₹8.5 Crore Expected, Revenue at ₹1,622 Crore
Company Earnings
Business

PVR Inox Reports ₹11.8 Crore Q2 Loss vs ₹8.5 Crore Expected, Revenue at ₹1,622 Crore

Authors
  • Moneycontrol
  • CNBC-TV18
  • ET NOW
4

PVR Inox Ltd reported a consolidated net loss of ₹11.8 crore for the second quarter of FY 2024-25, exceeding analysts' expectations of an ₹8.5 crore loss, according to a CNBC-TV18 poll. The company's revenue for the quarter was ₹1,622 crore, reflecting an 18.9% decrease year-on-year. Following the announcement of its quarterly results, PVR Inox's stock initially rose nearly 3% but later retreated from its highs. The results pertain to the quarter ending September 30, 2024.

Written with ChatGPT (GPT-4o mini).

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