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PVR records Q4 net loss of Rs 289.12 cr amid Covid blues

Multiplex major PVR Ltd continues to bear the brunt of the ongoing pandemic, as it recorded a consolidated net loss of Rs 289.12 crore in the quarter ended on March 31. The company reported a net loss of Rs 74.49 crore in the same quarter of the last fiscal. ....

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RIL share price: Stocks in the news: RIL, Wipro, Ruchi Soya, Quess Corp, GIC, Muthoot Finance and PVR

Wipro said it has sold its entire stake in Denim Group for a consideration of $22.4 million or about Rs 160 crore. ....

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PVR's Q4 net loss widens to Rs 289 cr due to Covid-led disruptions

Multiplex operator PVR Ltd on Wednesday reported a consolidated net loss of Rs 289.12 crore in the quarter ended on March 31, 2021, as company continued to be impacted by the COVID-19 pandemic.
The company had posted a net loss of Rs 74.49 crore in the same quarter of last fiscal.
Total income during the period under review stood at Rs 263.26 crore against Rs 661.78 crore in the corresponding quarter a year ago, PVR said in a regulatory filing.
PVR said results for the quarter and year ended March 31, 2021, are not comparable with results for the quarter and year ended March 31, 2020, as the operations were severely impacted due to COVID-19 induced lockdowns, staggered re-openings, social distancing requirements, limited content flow and low consumer confidence. ....

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Multiplex stocks: Hope trade sends PVR, Inox soaring; but will that story really play out?

Unlike hotels and resorts, where people will flock once again after vaccinations, Covid may have made a behavioural shift among cinema goers in favour of OTT platforms. ....

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PVR offers care package to staff amid second COVID wave

PVR offers care package to staff amid second COVID wave
The firm has announced that it will provide free COVID-19 vaccination to all its employees and their dependents. It had also announced multiple employee well-being initiatives over the last year
BusinessToday.In | May 25, 2021 | Updated 20:36 IST
In order to contribute towards COVID-19 relief, PVR has collaborated with ZIQITZA for ambulance services and LYBRATE for doctor on call
Film exhibitor PVR has launched a holistic care package to help its employees deal with the second wave of the COVID-19 pandemic. The firm has announced that it will provide free COVID-19 vaccination to all its employees and their dependents. It had also announced multiple employee well-being initiatives over the last year in order to support its workforce during these difficult times. ....

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