PVR Q2 jumps over four-fold to Rs 41 crore

Net sales during the quarter was up 18.91% to Rs 473.69 crore

Multiplex chain operator PVR Ltd reported an over four-fold jump in consolidated net profit at Rs 41.05 crore for the second quarter ended September 30.

The company had reported a consolidated net profit of Rs 9.20 crore for the July-September quarter of last fiscal.

PVR's net sales during the quarter under review was up 18.91% to Rs 473.69 crore as against Rs 398.36 crore for the same period last fiscal.

The company posted an over five-fold jump in consolidate net profit for the six months ended September 30 at Rs 99.10 crore as compared with Rs 16.86 crore for the same period last fiscal.

Its net sales during the first half of the current fiscal was up 26.13% to Rs 959.05 crore as against Rs 760.31 crore in the same period a year ago.

Shares of PVR were trading at Rs 849.00 per scrip at BSE, down 1.43% from previous close.