PVR Inox Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- PVR Inox Ltd reported a 5.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 9.6%.
- Its expenses for the quarter were up by 2.0% QoQ and 7.9% YoY.
- The net profit decreased 393.4% QoQ and increased 177.3% YoY.
- The earnings per share (EPS) of PVR Inox Ltd stood at 3.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1759.10 | 1663.90 | 1604.70 | 5.7% | 9.6% |
Total Expenses | 1712.80 | 1678.60 | 1587.20 | 2.0% | 7.9% |
Profit Before Tax | 46.30 | -14.70 | 17.50 | -415.0% | 164.6% |
Tax | 10.70 | -2.60 | 4.70 | -511.5% | 127.7% |
Profit After Tax | 35.50 | -12.10 | 12.80 | -393.4% | 177.3% |
Earnings Per Share | 3.70 | -1.20 | 1.30 | -408.3% | 184.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
PVR Inox Ltd is a leading player in the Indian entertainment industry, primarily focusing on cinema exhibition. The company operates a wide network of multiplexes across the country, offering a premium movie-going experience. This sector is characterized by a combination of ticket sales, food and beverage offerings, and advertising revenues. Over the years, PVR Inox Ltd has established a prominent brand presence and continues to expand its operations to cater to a growing market of cinema enthusiasts. Recent major developments have included strategic mergers and acquisitions to enhance its market position and expand its reach across various regions in India. The company continually seeks to innovate and improve customer experience through technological advancements and premium offerings.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), PVR Inox Ltd reported a total income of ₹1,759.10 crores. This reflects a quarter-over-quarter (QoQ) increase of 5.7% compared to ₹1,663.90 crores in Q2FY25. Year-over-year (YoY), total income grew by 9.6% from ₹1,604.70 crores in Q3FY24. This upward trajectory in revenue indicates the company's ability to consistently enhance its topline performance. The growth could be attributed to various factors, including increased footfall in theaters, higher average ticket prices, or augmented revenue streams from food and beverages and advertising. The entertainment industry typically experiences seasonal variations, which may also impact quarterly revenues.
Profitability
PVR Inox Ltd's profitability metrics for Q3FY25 show a significant improvement compared to previous periods. The company posted a profit before tax of ₹46.30 crores, reversing a loss of ₹14.70 crores in Q2FY25. This represents a substantial QoQ turnaround of 415.0%. On a YoY basis, profit before tax increased by 164.6% from ₹17.50 crores in Q3FY24. After accounting for taxes, the profit after tax for Q3FY25 was ₹35.50 crores, compared to a loss of ₹12.10 crores in Q2FY25, marking a remarkable QoQ improvement of 393.4%. Year-over-year, profit after tax rose by 177.3% from ₹12.80 crores in Q3FY24. Earnings per share (EPS) also improved, reaching ₹3.70 in Q3FY25 from a loss per share of ₹1.20 in Q2FY25 and ₹1.30 in Q3FY24, showcasing a significant rise in profitability metrics.
Operating Metrics
The operating metrics reveal that PVR Inox Ltd has managed to keep its expenses relatively stable while increasing its revenue. Total expenses for Q3FY25 stood at ₹1,712.80 crores, which is a modest 2.0% QoQ increase from ₹1,678.60 crores in Q2FY25. On a YoY basis, expenses increased by 7.9% from ₹1,587.20 crores in Q3FY24. This controlled growth in expenses compared to revenue growth has contributed to the notable improvement in profitability. The company’s ability to manage its operating costs efficiently, while maximizing income, is reflected in the positive financial outcomes for the quarter. The financial data does not provide specific details on operating ratios like P/E ratio or current ratio, but the available metrics suggest a strong operational performance for the quarter under review.
