PVRs Q1FY17 declines 1.60% yoy to Rs 43 crore
While operating profit (EBITDA - earnings before interest tax depreciation and amortization) stood at Rs 116.65 crore, up by 5.41% yoy. It also jumped nearly three-times on quarter-on-quarter basis. PVRs operating profit margin (OPM) was around 20.45%, contracting by 231 basis points (bps) yoy but expanding nearly 1000 bps qoq.
PVR reported consolidated net profit of Rs 42.81 crore for the June quarter ended 2016 (Q1FY17), registering decline of 1.60% yoy (year-on-year). However, the current net profit is positive compared to net loss of Rs 6.16 crore in the preceding quarter.
The total income for the company was around Rs 570.24 crore, rising by 17.33% yoy and 37.96% qoq (quarter-on-quarter).
While operating profit (EBITDA – earnings before interest tax depreciation and amortization) stood at Rs 116.65 crore, up by 5.41% yoy. It also jumped nearly three-times on quarter-on-quarter basis.
PVR's operating profit margin (OPM) was around 20.45%, contracting by 231 basis points (bps) yoy but expanding nearly 1000 bps qoq.
On standalone basis, the company reported net profit of Rs 44.67 crore, growing by 15.24% yoy and also positive from the previous quarter's net loss of Rs 6.25 crore.
The standalone total income was around Rs 536.28 crore, up by 16.03% yoy and 40.70% qoq.
It's operating profit at Rs 112.93 crore, recording growth of 8.25% and three-times higher than the preceding quarter. It's OPM was at 21.05%, contracting by 151 bps yoy but expanding by 1129 bps qoq.
The quarterly result has reported as per Indian Accounting standard (Ind-AS).
The share price of PVR surged over 12.10 points or 1.06% to Rs 1155 at 1.30 pm.
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