Real Estate Management and Development
Company Overview of PVP Ventures Limited
PVP Ventures Limited engages in the real estate/urban infrastructure and media activities in India. The company develops residential projects; and owns 70-acre land parcel located in Chennai and Hyderabad. It also engages in film finance and film production activities. The company was incorporated in 1991 and is based in Hyderabad, India. PVP Ventures Limited is a subsidiary of Platex Limited.
Plot No. 83 and 84
Road No. 2, Banjara Hills
Founded in 1991
Key Executives for PVP Ventures Limited
Chairman and Managing Director
Total Annual Compensation: 3.0M
Associate Director of Business Development
Total Annual Compensation: 6.0M
Compensation as of Fiscal Year 2016.
PVP Ventures Limited Key Developments
PVP Ventures Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2016
Dec 14 16
PVP Ventures Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company's net sales/income from operations (net of excise duty) was INR 70.872 million compared to INR 79.306 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 48.240 million compared to INR 48.266 million a year ago. Profit from ordinary activities before tax was INR 10.895 million compared to INR 0.491 million a year ago. Net profit was INR 10.895 million or INR 0.06 per basic and diluted share not to be annualized compared to INR 0.397 million or INR 0.03 per basic and diluted share not to be annualized year ago.
For the six months, the company's net sales/income from operations (net of excise duty) was INR 97.437 million compared to INR 162.429 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 53.096 million compared to INR 97.177 million a year ago. Loss from ordinary activities before tax was INR 22.910 million compared to profit of INR 1.612 million a year ago. Net loss was INR 22.910 million or INR 0.07 per basic and diluted share not to be annualized compared to net profit of INR 1.304 million or INR 0.05 per basic and diluted share not to be annualized a year ago.
PVP Ventures Limited Appoints D. Krishnamoorthy as Chief Financial Officer
Dec 14 16
PVP Ventures Limited announced that the board of directors of the company at its meeting held on December 14, 2016, appointed Mr. D. Krishnamoorthy as Chief Financial Officer of the company.
PVP Ventures Ltd Announces Resignation of Mr. V. Ravi Kumar Reddy as Company Secretary and Compliance Officer
Dec 8 16
PVP Ventures Ltd. announced that Mr. V. Ravi Kumar Reddy, Company Secretary and Compliance Officer has resigned from the company effective from the closing hours of December 07, 2016.
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