The company’s net profit missed estimates due to lower than expected margins and a 29% fall in other income.
Revenue for the quarter rose by 11% year-on-year to ₹1,717 crore, compared to ₹1,546 crore in the corresponding quarter of last year.The topline was higher than CNBC-TV18’s poll estimate of ₹1,698 crore.
PVR Inox’s operating profit or EBITDA rose 12% on-year to ₹527.5 crore as against ₹472.3 crore in the corresponding quarter of last year. Margin rose to 31% in the quarter under review from last year’s 30.5%.
Consolidated YoY
|
Cons. |
Q3 FY25 |
Q3 FY24 |
% YoY |
Q3 fy25e |
% vs is. |
|
Revenue |
1717.3 |
1545.9 |
11% |
1698 |
1% |
|
Other Income |
41.8 |
58.8 |
-29% |
||
|
Movie Production & Distri |
129.9 |
33.7 |
285% |
||
|
Ebitda |
527.7 |
472.4 |
12% |
533 |
-1% |
|
EBITDA Margin |
30.73% |
30.56% |
17 |
31.39% |
-66 |
|
Net Profit |
35.5 |
12.8 |
177% |
49 |
-28% |
Following the Q3 earnings announcement, shares of PVR Inox Ltd. were trading 0.51% lower at Rs 1,126.65. So far this year, the stock has declined nearly 15%.
