Movies

PVR Q4 net slumps 40% to Rs 126.5 million

MUMBAI: PVR‘s net profit has dived 39.96 per cent to stand at Rs 126.5 million for the quarter ended 31 March 2009, compared to Rs 210.7 million a year ago.

Total income rose 15.06 per cent to Rs 2.75 billion, as against Rs 2.39 billion in the previous fiscal.


Meanwhile, the total expenditure of the company also increased 20.11 per cent to Rs 2.47 billion, as against Rs 2.06 billion in the year ago period.


For the whole fiscal, the net profit of the company stood at Rs 87.1 million, a steep fall of 59.71 per cent from last fiscal?s Rs 216.2 million.


Revenue for the year jumped 32.31 per cent to Rs 3.55 billion, while expenses stood at Rs 3.40 billion.


Movie exhibition business accounted for a revenue of Rs 2.94 billion, as against Rs 2.39 billion in FY‘08. Operating profit for the segment was at Rs 239.4 million. Capital employed in the segment stood at Rs 3.14 billion.


In the movie production and distribution business, the company earned Rs 721.2 million as compared to Rs 359.4 million in the previous fiscal. However, PVR incurred an operating loss of Rs 81.8 million as compared to operating profit of Rs 19.1 million from the segment. The company employed capital of Rs 308.2 million towards this segment.

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