Pvr Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019
January 23, 2020 at 02:40 pm IST
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PVR Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 9,238.900 million compared to INR 8,573.700 million a year ago. Net income was INR 363.400 million compared to INR 552.700 million a year ago. Basic earnings per share was INR 7.22 compared to INR 11.82 a year ago. Diluted earnings per share was INR 7.19 compared to INR 11.4 a year ago. For the nine months, total revenue was INR 27,904.500 million compared to INR 22,725.500 million a year ago. Net income was INR 1,017.900 million compared to INR 1,428.900 million a year ago. Basic earnings per share was INR 21.15 compared to INR 30.57 a year ago. Diluted earnings per share was INR 20.64 compared to INR 29.87 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.