Oct 26, 2017 07:12 PM IST | Source: Moneycontrol.com
PVR Q2 profit seen down 19% to Rs 259 cr, revenue may grow 2%
Revenue during the quarter is seen rising 1.8 percent to Rs 564 crore compared with Rs 554 crore in year-ago quarter, according to average of estimates of analysts polled by CNBC-TV18.
ByMoneycontrol News
Multiplex operator PVR is expected to report profit at Rs 24.9 crore for quarter ended September 2017, lower by 18.7 percent compared with Rs 29 crore in same quarter last fiscal.
Revenue during the quarter is seen rising 1.8 percent to Rs 564 crore compared with Rs 554 crore in year-ago quarter, according to average of estimates of analysts polled by CNBC-TV18.
Analysts expect a muted quarter as none of the movies (expect one) were able to cross Rs 100 crore mark in collection. The base (Q2FY17) was strong due to stronger movies like Sultan, Pink and Rustom.
Advertising revenues are expected to be flattish to 5 percent growth. Average ticket price is expected to grow by 2-4 percent in Q2 YoY while footfalls are expected to be flat.
EBITDA (earnings before interest, tax, depreciation and amortisation) may fall 5 percent year-on-year to Rs 87 crore and margin may shrink 150 basis points to 15.1 percent in Q2.
