Moneycontrol > News > Business

Aug 01, 2012, 02.51 PM IST

PVR reports Q1 net profit at Rs 7.6 cr

Multiplex chain PVR has posted a consolidated net profit of Rs 7.6 crore in the April-June quarter of 2012 as against loss Rs 13.2 crore in the previous quarter.

Source: Moneycontrol.com
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Multiplex chain PVR has posted a consolidated net profit of Rs 7.6 crore in the April-June quarter of 2012 as against loss Rs 13.2 crore in the previous quarter.


Consolidated net sales spiked 49.5% to Rs 176 crore from Rs 117.7 crore during the same period.


In a press conference after results, company said L Capital Eco would invest Rs 50 crore in PVR Leisure and they would issue 28.85 lakh shares to the same at Rs 200/share.


The stock has touched a 52-week high of Rs 195.90 after these results. At 14:40 hours IST, the share was trading at Rs 188, up 14.18%.


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