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PVR Inox Narrows Q1 Loss to Rs 54.5 Crore as Revenue Surges to Rs 1,469 Crore

A strategic mix of Hindi, Hollywood and regional releases fueled ticket sales alongside record admissions

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Overview

  • PVR Inox trimmed its consolidated loss after tax in the quarter ended June 30 to Rs 54.5 crore from Rs 179 crore a year earlier.
  • Consolidated revenue from operations climbed 23% year-on-year to Rs 1,469.1 crore.
  • Box office collections grew nearly 22% as patron visits rose 12% to 34 million and average ticket prices increased 8%.
  • Food and beverage spend per head reached a record Rs 148, marking a 10% year-on-year gain, while advertising revenues also advanced.
  • The chain added 20 new screens under FOCO and asset-light models to reach 1,745 screens in 111 cities, and July admissions hit an 18-month peak.