PVR Q3 net down 21 per cent at Rs 23.89 crore

New Delhi: Multiplex chain operator PVR today reported a 20.76 per cent fall in consolidated net profit at Rs 23.89 crore for the December quarter due to higher expense.

The company had reported a consolidated net profit of Rs 30.15 crore for the corresponding quarter of the last fiscal.

PVR's total income from operations during the quarter under review was up 7.44 per cent to Rs 537.71 crore as against Rs 500.46 crore for the same period last fiscal.

Its overall expenses stood at Rs 483.21 crore, up 8.40 per cent, against Rs 445.74 crore for the corresponding period last fiscal. Shares of PVR were trading 3.17 per cent higher at Rs 1,288.85 apiece on the BSE.