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PVR Inox's Q4 loss at ₹134 crore as Bollywood movies underperform
short by Debaroti Adhikary / on Wednesday, 15 May, 2024
PVR Inox recorded over ₹134 crore as loss in January-March quarter (Q4) of financial year 2024 (FY24). In an exchange filing, the company said "significant volatility" was observed with muted box office collections of Bollywood movies. However, this marks a significant decrease from ₹336-crore loss recorded in Q4 last year. PVR Inox's shares fell 1.31% after the results were declared.
read more at NewsBytes