Q4FY21 Result Update - PVR Ltd - ICICI Direct

PVR reported losses for a fifth consecutive quarter as expected. While regional releases fared well, lack of Bollywood content and limit to occupancy kept footfalls muted. The box office revenue at Rs. 87.9 crore was down 73.9% YoY while ad revenues were at Rs. 13.6 crore (down 80% YoY). The company reported Rs. 56.6 crore of F&B revenues (down 67.7% YoY). EBITDA loss (ex-Ind-AS 116) was at Rs. 127.5 crore. It reported a net loss (ex-Ind-AS 116) at Rs. 271.8 crore as the company recognised one-time deferred tax expense of Rs. 113 crore. On a reported basis, net loss was at Rs. 289.1 crore as it accounted for rental waiver of Rs. 70.4 crore as other income.

For details, click on the link below: Link to the report

Shares of PVR LTD. was last trading in BSE at Rs.1353 as compared to the previous close of Rs. 1323.05. The total number of shares traded during the day was 173107 in over 10491 trades.

The stock hit an intraday high of Rs. 1365 and intraday low of 1320.1. The net turnover during the day was Rs. 233053685.

Source : Equity Bulls

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