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PVR
PVR reported modest performance for 2QFY2012. The company’s revenue grew
by 2.5% yoy. Earnings grew robust at 58.2% yoy due to lower depreciation costs
and decrease in tax rate. The company’s OPM feel by 434bp yoy on account of
increase in rent and staff costs. Occupancy increased to 36% in 2QFY2012 from
30% in 2QFY2011. ATP decreased by ~5% yoy during the quarter to `152.
Footfalls increased to 7.1mn in 2QFY2012 from 5.7mn in 2QFY2012. A detailed
note would be released post the conference call with the management today.
The stock is currently under review.
Concall is scheduled on Monday, October 24, 2011 at 2:30 PM IST, dial in
numbers: 022 6629 0349, 022 3065 0129
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
PVR
PVR reported modest performance for 2QFY2012. The company’s revenue grew
by 2.5% yoy. Earnings grew robust at 58.2% yoy due to lower depreciation costs
and decrease in tax rate. The company’s OPM feel by 434bp yoy on account of
increase in rent and staff costs. Occupancy increased to 36% in 2QFY2012 from
30% in 2QFY2011. ATP decreased by ~5% yoy during the quarter to `152.
Footfalls increased to 7.1mn in 2QFY2012 from 5.7mn in 2QFY2012. A detailed
note would be released post the conference call with the management today.
The stock is currently under review.
Concall is scheduled on Monday, October 24, 2011 at 2:30 PM IST, dial in
numbers: 022 6629 0349, 022 3065 0129
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