PVR INOX Narrows Loss with Robust Film Slate
Cinema exhibitor PVR INOX Ltd reported a reduced consolidated loss of Rs 54.5 crore in Q1 ending June 2025. Driven by strong film content, the company saw revenue rise to Rs 1,469.1 crore. Notable cinematic successes and initiatives like Blockbuster Tuesdays have increased footfall and revenue streams significantly.
- Country:
- India
PVR INOX Ltd, one of India's prominent cinema exhibitors, announced a significant reduction in its consolidated loss after tax to Rs 54.5 crore for the first quarter ending June 30, 2025. This improvement is largely attributed to a vibrant lineup of movie releases that attracted more cinemagoers.
In its latest financial disclosure, the company highlighted a sharp increase in revenue, reaching Rs 1,469.1 crore from Rs 1,190.7 crore in the same period last year. This uptick was supported by the company's innovative strategies, including the introduction of 'Blockbuster Tuesdays', which drew approximately 1 million new and returning patrons.
PVR INOX's Managing Director, Ajay Bijli, expressed optimism about the future, citing a robust pipeline of diverse film offerings across languages. Additionally, the company expanded its screen portfolio with 20 new additions while maintaining high engagement metrics, particularly in food and beverage sales.
(With inputs from agencies.)
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