PVR Inox Q2 Results Live : PVR Inox declared its Q2 results on October 15, 2024, revealing a significant downturn with a loss of ₹11.8 crore, compared to a profit of ₹166.3 crore in the same period last fiscal year. The company's topline witnessed a decline of 18.89%. However, there was a notable improvement in revenue compared to the previous quarter, which grew by 36.23%.
The financial report also highlighted that Selling, General & Administrative expenses rose by 7.91% quarter-on-quarter, and increased by 5.6% year-on-year. This surge in expenses may have contributed to the overall losses seen in the quarter.
PVR Inox's operating income experienced a remarkable rise of 339.07% compared to the previous quarter. However, the year-on-year comparison shows a significant decline of 62.36%. The Earnings Per Share (EPS) stood at ₹-1.2 for Q2, a dramatic decrease of 107.1% year-on-year.
Despite the recent financial struggles, PVR Inox has shown a modest return of 1.05% over the past week and an impressive 17.02% over the last six months, although it has seen a decline of 2.31% year-to-date. Currently, the company holds a market cap of ₹15,905.34 crore, with a 52-week high of ₹1830.4 and a low of ₹1204.2.
As of October 16, 2024, out of 20 analysts covering PVR Inox, there are varied recommendations: 1 analyst has given a 'Strong Sell' rating, another has rated it 'Sell', 4 analysts hold a 'Hold' rating, 5 analysts recommend a 'Buy', and 9 analysts suggest a 'Strong Buy'. The consensus recommendation for the company remains a 'Buy'.
PVR Inox Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1622.1 | 1190.7 | +36.23% | 1999.9 | -18.89% |
| Selling/ General/ Admin Expenses Total | 177.3 | 164.3 | +7.91% | 167.9 | +5.6% |
| Depreciation/ Amortization | 329.4 | 314.2 | +4.84% | 308.6 | +6.74% |
| Total Operating Expense | 1472.2 | 1253.4 | +17.46% | 1601.7 | -8.09% |
| Operating Income | 149.9 | -62.7 | +339.07% | 398.2 | -62.36% |
| Net Income Before Taxes | -14.7 | -238.1 | +93.83% | 221.7 | -106.63% |
| Net Income | -11.8 | -178.7 | +93.4% | 166.3 | -107.1% |
| Diluted Normalized EPS | -1.2 | -18.21 | +93.41% | 16.91 | -107.1% |
FAQs
What is the Q2 profit/Loss as per company?
₹-11.8Cr
What is Q2 revenue?
₹1622.1Cr
