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Aug 01, 2012, 02.51 PM IST
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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