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PVR Ltd.: PVR Q3 profit jumps 21% to Rs 29 crore, Retail News, ET Retail

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EW DELHI: Multiplex chain firm PVR on Wednesday posted 21 per cent rise in consolidated profit at Rs 28.87 crore for December quarter against Rs 23.89 crore in the corresponding quarter in the previous fiscal.

The firm had posted Rs 25.17 crore profit in the September quarter for FY18.

Total income stood at Rs 560.46 crore for the quarter under review against Rs 542.02 crore in the December quarter last fiscal.

Recently, PVR and its managing director and chairperson Ajay Bijli settled case with markets regulator Sebi over alleged violation of listing norms after paying over Rs 23 lakh.

In November 2016, Sebi had issued a common show cause notice to both the entities. Following adjudication proceedings initiated by the regulator, Bijli and PVR had filed a common application in January 2017 proposing to settle the matter.

At 01:38 pm, shares of the company were trading at Rs 1,437.45, up over 1 per cent on BSE.

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