PVR shares jump 8?spite Q2 loss of Rs 184 crore

PVR shares jump 8?spite Q2 loss of Rs 184 crore

The share price of PVR jumped about 8 percent in the morning trade on BSE on November 4, a day after the company announced its September quarter earnings.

PVR on November 3 said its consolidated revenue for the quarter ended September 30, 2020, was Rs 111 crore compared to Rs 979 crore during the corresponding period of last year, impacted by the outbreak of COVID-19 and lockdown during the quarter.

Consolidated loss after tax for the quarter was Rs 184 crore as compared to a profit of Rs 48 crore in the year-ago period. Consolidated EBITDA loss for the quarter was Rs 14 crore against a positive EBITDA of Rs 324 crore in the same period last year.