PVR share price rose 3 percent on June 3 despite widening losses. The multiplex player on June 2 reported a loss of Rs 289.1 crore for the January-March quarter of the financial year 2021 against a loss of Rs 74.5 crore in the corresponding quarter of the previous financial year.
Revenue for the said quarter stood at Rs 263.3 crore against Rs 662 crore, down 60.2 percent year-on-year (YoY). EBITDA for the quarter came at Rs 25.1 crore, down 86.8 percent YoY from Rs 189.3 crore in Q4FY20.
News source: Moneycontrol