PVR Q4 consolidated net loss at Rs 13.2 crore
Net sales also grew 10.76 per cent to Rs 508.70 crore in 2011-12, against Rs 459.27 crore in 2010-11.
By PTI | Updated:
NEW DELHI: Multiplex operator PVR has registered a consolidated net loss of Rs 13.24 crore for the fourth quarter ended March 31, 2012.
Its consolidated net loss during the three-months ended March 31, 2011 was Rs 1.10 crore, it said in a filing to the BSE.
The company's consolidated net sales for the quarter under review increased 32.10 per cent to Rs 117.20 crore, against Rs 88.72 crore in the fourth quarter of 2010-11.
PVR's consolidated net profit in 2011-12 increased over three fold to Rs 25.42 crore, from Rs 8.17 crore.
Net sales also grew 10.76 per cent to Rs 508.70 crore in 2011-12, against Rs 459.27 crore in 2010-11.
During the year under review and subsequent quarter the company added seven new multiplexes with 31 screens at Udaipur, Surat, Delhi, Kolkata, Nanded, Jalandar and Ujjain.
At present, PVR operates 40 properties with 173 screens in 24 cities across the country.
"The company intends to add another 75 screens for the remainder of FY 2012-13 in key markets like Pune, Bangalore, Nagpur, Ludhiana, Mumbai, Vijaywada and Mysore," it said.
PVR's subsidiary PVR bluO is also setting up bowling centres across the country with four new centres with 80 lanes slated to open in the next 12 months, it added.
Its consolidated net loss during the three-months ended March 31, 2011 was Rs 1.10 crore, it said in a filing to the BSE.
The company's consolidated net sales for the quarter under review increased 32.10 per cent to Rs 117.20 crore, against Rs 88.72 crore in the fourth quarter of 2010-11.
PVR's consolidated net profit in 2011-12 increased over three fold to Rs 25.42 crore, from Rs 8.17 crore.
Net sales also grew 10.76 per cent to Rs 508.70 crore in 2011-12, against Rs 459.27 crore in 2010-11.
During the year under review and subsequent quarter the company added seven new multiplexes with 31 screens at Udaipur, Surat, Delhi, Kolkata, Nanded, Jalandar and Ujjain.
ADVERTISEMENT
At present, PVR operates 40 properties with 173 screens in 24 cities across the country.
"The company intends to add another 75 screens for the remainder of FY 2012-13 in key markets like Pune, Bangalore, Nagpur, Ludhiana, Mumbai, Vijaywada and Mysore," it said.
PVR's subsidiary PVR bluO is also setting up bowling centres across the country with four new centres with 80 lanes slated to open in the next 12 months, it added.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
