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PVR tanks after weak Q3 results

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Capital Market

PVR lost 11.41% to Rs 534.80 at 15:20 IST on BSE after net profit declined 10.75% to Rs 12.69 crore on 15.35% growth in total income from operations to Rs 223.50 crore in Q3 December 2013 over Q3 December 2012.

The Q3 result was announced during trading hours today, 31 January 2014.

Meanwhile, the S&P BSE Sensex was up 19.90 points or 0.1% at 20,518.15.

On BSE, so far 1.43 lakh shares were traded in the counter as against average daily volume of 15,109 shares in the past one quarter.

The stock hit a high of Rs 615 and a low of Rs 519.30 so far during the day.

 

PVR's consolidated net profit rose 55.09% to Rs 14.16 crore on 68.7% growth in total income from operations to Rs 337.29 crore in Q3 December 2013 over Q3 December 2012.

PVR together with Cinemax operates a cinema circuit consisting of 398 screens spread across 92 cinemas covering 37 cities in India.

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First Published: Jan 31 2014 | 3:24 PM IST

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