PVR reports marginal fall in Q1 consolidated net profit

PVR has reported results for first quarter ended June 30, 2016.

The company has reported a rise of 15.25% in its net profit at Rs 44.67 crore for the quarter ended June 30, 2016 as compared to Rs 38.76 crore for the same quarter in the previous year. The company’s total income increased 16.79% to Rs 542.48 crore for the quarter under review from Rs 464.48 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported a marginal fall of 1.61% in its net profit after taxes, minority interest and share of profit of associates at Rs 42.81 crore for the quarter ended June 30, 2016 as compared to Rs 43.51 crore for the same quarter in the previous year. However, total income of the company increased by 18.02% to Rs 576.58 crore for quarter under review from Rs 488.53 crore for the quarter ended June 30, 2015.