PVR revenue grows 6%, operating profit flat

PVR became the first multiplex chain in India to deliver 100 crores of gross box office collection

Cinema exhibition chain PVR report consolidated revenues of Rs 540 crore for the quarter ended December 31 (Q3FY17) as compared to Rs 509 crore during the corresponding period of last year, up six per cent. Consolidated operating profit for the quarter was Rs 91.1 crore, almost flat as compared to same period last year while consolidated profit after tax for the quarter was Rs 23.5 crore.
 
The company has delivered a decent financial performance considering that the quarter was impacted by demonetisation. Limited cash supply made people defer their movie watching by a few days or weeks during the