PVR Q3 net dip 32% at nearly Rs 9 cr

PVR Q3 net dip 32% at nearly Rs 9 cr
India's most premiums and most preferred Retail Entertainment Company, PVR Ltd., said it witnessed a dip of 32.73 per cent in consolidated net profits for the third quarter ended December 31, 2011 at Rs 8.92 crore.

The company said that the dip in the profit was led by the loss from the film production business.

The company had posted a net profit of Rs 13.26 crore during the same period a year ago, said PVR in its filing to the Bombay Stock Exchange on January 30, 2012.

Besides, the total income of the company increased by 4.01 per cent to Rs 138.96 crore during Q3 FY12, from Rs 133.60 crore during Q3 FY11.

Meanwhile, on Tuesday shares of the company on BSE were trading lower at Rs 138.00 down by 3.30 points or 2.34% .

Read more about: pvr, revenue, results, bse
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