PVR Q4 net profit at Rs 74 lakh

Company had reported net profit of Rs 11.72 crore in the same quarter of the previous fiscal, 2012-13

Press Trust of India New Delhi
Last Updated : May 29 2014 | 3:34 PM IST
Multiplex operator PVR Ltd today reported consolidated net profit of Rs 74 lakh for the quarter ended March 31.

It had reported net profit of Rs 11.72 crore in the same quarter of the previous fiscal, 2012-13, PVR said in a BSE filing.

The company said the results are not comparable with that of last financial year due to the acquisition of Cinemax India in January 2013.

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Net sales during the fourth quarter of FY14 stood at Rs 313.87 crore as compared to Rs 236.23 crore in the year-ago period.

During FY'14, the company's net profit stood at Rs 56.05 crore, against Rs 44.50 crore in previous financial year.

Net sales in 2013-14 were at Rs 1,347.51 crore as compared to Rs 806.39 crore in the same period last year.

The company's board has recommended a final dividend of Rs 2.50 per share.

Shares of PVR Ltd were trading at Rs 545.35 apiece during afternoon trade on the BSE, down 2.05% from its previous close.
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First Published: May 29 2014 | 2:54 PM IST

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