PVR Limited Reports Unaudited Consolidated and Standalone Earnings Results for Third Quarter and Nine Months Ended December 31, 2018
January 24, 2019 at 02:46 pm IST
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PVR Limited reported unaudited consolidated and standalone earnings results for third quarter and nine months ended December 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 6,949.4 million compared to INR 5,478.5 million a year ago. Total income was INR 7,084.7 million compared to INR 5,500.6 million a year ago. Net profit after tax was INR 458.7 million compared to INR 282.8 million a year ago. Basic earnings per share on net profit after tax were INR 9.81 compared to INR 6.09 per share a year ago. Diluted earnings per share on net profit after tax were INR 9.75 compared to INR 6.05 per share a year ago.
For the nine months on standalone basis, the company reported revenue from operations of INR 20,227.9 million compared to INR 16,801.5 million a year ago. Total income was INR 20,455.0 million compared to INR 17,027.7 million a year ago. Net profit after tax was INR 1,264.2 million compared to INR 932.5 million a year ago. Basic earnings per share on net profit after tax were INR 27.04 compared to INR 19.84 per share a year ago. Diluted earnings per share on net profit after tax were INR 26.87 compared to INR 19.77 per share a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 8,431.1 million compared to INR 5,572.5 million a year ago. Total income was INR 8,573.7 million compared to INR 5,604.6 million a year ago. Net profit attributable to owners of the company was INR 516.0 million compared to INR 288.7 million a year ago. Basic earnings per share on net profit after tax was INR 11.07 compared to INR 6.22 per share a year ago. Diluted earnings per share on net profit after tax were INR 11.00 compared to INR 6.18 per share a year ago. Net profit after tax was INR 553.8 million compared to INR 291.6 million a year ago.
For the nine months on standalone basis, the company reported revenue from operations of INR 22,479.3 million compared to INR 17,492.1 million a year ago. Total income was INR 22,725.5 million compared to INR 17,730.1 million a year ago. Net profit attributable to owners of the company was INR 1,368.5 million compared to INR 985.0 million a year ago. Basic earnings per share on net profit after tax was INR 29.3 compared to INR 20.97 per share a year ago. Diluted earnings per share on net profit after tax were INR 29.11 compared to INR 20.89 per share a year ago. Net profit after tax was INR 1,416.2 million compared to INR 981.3 million 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.