Shares of PVR climbed two percent in intraday trade on the BSE on October 17, buoyed by the company's better-than-expected September quarter numbers.
The company on October 17 reported a nearly 35 percent year-on-year (YoY) rise in consolidated net profit to Rs 47.88 crore for the quarter ended September against Rs 35.47 crore in the corresponding quarter of the previous financial year.
PVR's profit of nearly Rs 48 crore is 7.4 percent above CNBC-TV18's estimate of Rs 44.7 crore.
Consolidated revenue jumped 37.35 percent YoY to Rs 973.18 crore in Q2 FY20. CNBC-TV18 had estimated revenue at Rs 913 crore.
EBITDA came in at Rs 318.1 crore against a CNBC-TV18 poll of Rs 230.9 crore.
Shares of PVR traded 1.23 percent up at Rs 1,842 on BSE around 1330 hours IST.Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.
All Rights Reserved © 2024
