Pvr Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 15, 2021 at 03:41 am
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PVR Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 3,201.3 million compared to INR 9,238.9 million a year ago. Net loss was INR 491 million compared to net income of INR 363.4 million a year ago. Basic loss per share from continuing operations was INR 8.21 compared to basic earnings per share from continuing operations of INR 7.08 a year ago. Diluted loss per share from continuing operations was INR 8.21 compared to diluted earnings per share from continuing operations of INR 7.05 a year ago. For the nine months, total revenue was INR 4,860.9 million compared to INR 27,904.5 million a year ago. Net loss was INR 4,586.7 million compared to net income of INR 1,017.9 million a year ago. Basic loss per share from continuing operations was INR 85.06 compared to basic earnings per share from continuing operations of INR 20.36 a year ago. Diluted loss per share from continuing operations was INR 85.06 compared to diluted earnings per share from continuing operations of INR 20.25 a year ago.
PVR INOX Limited is a film exhibition company in India with approximately 1713 screens across 362 properties in 115 cities in India and Sri Lanka. The Company is engaged in the business of movie exhibition, distribution and production and also in-house advertising, sale of food and beverages (F&B), gaming and restaurant business. It is involved in the theatrical exhibition business and allied activities under brand, PVR INOX. It offers features, such as premium large formats (PLF) for a wider viewing area through formats like BigPix, ScreenX, P[XL]. The Company also prioritize sound and electroacoustic enhancements to deliver an audio-visual journey through IMAX, ICE, 4DX, MX4D, and Onyx. Its other brands include Insignia, Director's Cut and Luxe. It offers a range of F&B options catering to diverse tastes, from gourmet delights to healthier alternatives. Its subsidiaries include PVR Pictures Limited, Shouri Properties Private Limited, Zea Maize Private Limited and PVR Lanka Limited.