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PVR Q3 revenue up by 70 per cent

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PVR Limited has announced its unaudited results for the quarter and half year ended December 31, 2006. The revenues, net of entertainment, sales and service taxes, for the quarter – Rs.41.58 crore – grew by 70 per cent and EBITDA of Rs.7.36 crore grew by 103 per cent. The net profit during the quarter ended December 31, 2006 was Rs.1.67 crores, an increase from Rs.0.7 crore during the corresponding quarter of last year, a growth of 134 per cent.

For the nine months ended 31st December, 2006 the company’s revenues were Rs.129.5 crore, a growth of 63 per cent over corresponding nine months of previous year, EBITDA were Rs.24.75 crore, a growth of 67 per cent over corresponding nine months of previous year. The net profit was Rs.8.36 crore, up from Rs.4.58 crore during the corresponding nine months of previous year, a growth of 82 per cent.

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