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PVR Q3 PAT seen down 9% to Rs 27 cr, F&B revenue may grow 9%

Multiplex chain operator PVR's third quarter profit is seen falling 9 percent to Rs 27.2 crore but revenue may increase 5 percent to Rs 526 crore compared with year-ago period.

February 03, 2017 / 13:05 IST
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Multiplex chain operator PVR's third quarter profit is seen falling 9 percent to Rs 27.2 crore but revenue may increase 5 percent to Rs 526 crore compared with year-ago period.

Operating profit is expected to rise 2 percent to Rs 86.5 crore and margin may remain flat at 17 percent on yearly basis, according to average of estimates of analysts polled by CNBC-TV18.

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Factors to watch out for-Average ticket prices are seen around Rs 202, up 1 percent QoQ-Food and beverage revenues may grow by 9 percent to Rs 137 crore-10 percent growth in advertising revenue may be driven by new screens-Comparable footfalls may fall 6 percent YoY-Overall footfalls may increase 9 percent at 17.1 million

Details on movie releases -Apart from Dangal, most other movies fared lower than the films in base year-Average ticket price and footfalls were under pressure due to low box office collection, analysts say

first published: Feb 3, 2017 09:05 am

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