PVR Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 30, 2013 at 01:30 pm
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PVR Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 1,871.9 million, total income from operations of INR 1,877.1 million, profit from ordinary activities before tax of INR 200.6 million, net profit of INR 142.2 million or INR 5.06 per diluted share before and after extraordinary items compared to the net sales/income from operations of INR 1,267.5 million, total income from operations of INR 1,282.0 million, profit from ordinary activities before tax of INR 122.1 million, net profit of INR 81.8 million or INR 3.08 per diluted share before and after extraordinary items for the same quarter year ago. Profit from operations before other income, finance costs and exceptional items was INR 236.5 million against INR 160.5 million a year ago.
For the period, on standalone basis, the company reported net sales/income from operations of INR 5,240.1 million, total income from operations of INR 5,259.4 million, profit from ordinary activities before tax of INR 541.5 million, net profit of INR 371.6 million or INR 13.22 per diluted share before and after extraordinary items compared to the net sales/income from operations of INR 3,629.2 million, total income from operations of INR 3,652.5 million, profit from ordinary activities before tax of INR 567.5 million, net profit of INR 429.2 million or INR 16.10 per diluted share before and after extraordinary items for the previous year. Profit from operations before other income, finance costs and exceptional items was INR 655.9 million against INR 483.4 million a year ago.
For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 2,019.3 million, total income from operations of INR 2,024.4 million, profit from ordinary activities before tax of INR 144.6 million, net profit of INR 88.9 million or INR 3.25 per diluted share before and after extraordinary items compared to the net sales/income from operations of INR 3,629.2 million, total income from operations of INR 1,413.2 million, profit from ordinary activities before tax of INR 129.3 million, net profit of INR 161.4 million or INR 3.38 per diluted share before and after extraordinary items for the previous year. Profit from operations before other income, finance costs and exceptional items was INR 225.7 million against INR 165.0 million a year ago.
For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 5,632.4 million, total income from operations of INR 5,656.4 million, profit from ordinary activities before tax of INR 498.7 million, net profit of INR 328.4 million or INR 11.66 per diluted share before and after extraordinary items compared to the net sales/income from operations of INR 3,985.3 million, total income from operations of INR 4,016.1 million, profit from ordinary activities before tax of INR 515.8 million, net profit of INR 376.2 million or INR 14.50 per diluted share before and after extraordinary items for the previous year. Profit from operations before other income, finance costs and exceptional items was INR 661.9 million against INR 461.0 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.