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Friday, May 27, 2011

PVR posts 6-fold jump in FY'11 net profit at Rs 8.18 cr, Lateest Stock Price


Film exhibitor and distributor PVR Ltd on 27th May posted over six-fold jump in consolidated net profit at Rs 8.18 crore for the year ended March 31, as compared to the previous fiscal.

The company had registered a consolidated net profit of Rs 1.35 crore for the financial year 2009-10, PVR said in a filing to the Bombay Stock Exchange

Total income for FY'11 increased by 36.22% to Rs 461.19 crore from Rs 338.55 crore during FY'10.
The movie exhibition business revenue stood at Rs 380.60 crore during the fiscal under review, while production and distribution accounted for Rs 74.89 crore.

The Board of Directors has recommended payment of final dividend of Re one per share, subject to the approval at the Annual General Meeting on August 8, 2011.


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