PVR Ltd Q2 2009-10 EBITDA up 19 %

Written by Agencies | New Delhi | Updated: Oct 30 2009, 22:21pm hrs
PVR Limited announced its un-audited standalone financial results for the quarter and half year ended September 30th, 2009.

Total consolidated Revenues for the quarter ended September 2009, were Rs. 9222 lacs as compared to Rs.10863 lakhs during the corresponding quarter ended September 2008, down by 15%.

EBIDTA for the quarter ended September, 2009 was Rs.1925 lacs as compared to Rs.1623 lacs in Q2 2008-09, up by 19%. PAT for the quarter ended September 2009 was Rs.644 lacs, as compared to Rs.505 lacs during the corresponding quarter of previous year, up by 27%.

The Exhibition business revenues increased from 8298 lacs in Q2 2008-09 to Rs 8687 lacs during the quarter under review, a growth of 5%.

EBIDTA margins grew from 19% in Q2 2008-09 to 22 % in Q2 2009-10 on back of sustainable revenues generated from operations and various cost rationalization measures initiated by the Company. PAT for the quarter ended September 2009 was Rs.611 lacs, as compared to Rs.472 lacs during the corresponding quarter of previous year, up by 29%.