Let's Talk Business: PVR-INOX Quarter 4 Results: Losses At Rs. 333 Crore

PUBLISHED ON: May 16, 2023 | Duration: 11 min, 34 sec

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Shares of PVR Inox Ltd fell by over two per cent after the company reported a consolidated net loss of Rs 333.99 crore for the fourth quarter that ended on March 31, 2023, and it decided to shut 50 loss-making screens over the next six months. Meanwhile, the valuations of Indian startups are crumbling. While the companies enjoyed good valuations in 2021-2022, access to capital has become tighter now. All the updates on Let's Talk Business.
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