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Multiplex player PVR Ltd said that it will buy back L Capital Eco’s entire investment in equity and preference shares of PVR Leisure. PVR Leisure owns and operates in-mall entertainment, gaming and food joints. In 2012, private equity firm L Capital had invested in PVR Leisure through L Capital Eco. PVR reported a consolidated net profit of ₹31.6 crore, recording a jump of 127 per cent for the quarter ended December 31, 2014, against ₹13.9 crore in the corresponding quarter previous fiscal. Consolidated revenues stood at ₹421.2 crore up 24 per cent.
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