PVR INOX Restricted, India’s largest cinema chain, reported a internet revenue of ₹68.1 crore for the quarter ended December 31, 2024, pushed by record-breaking ticket costs and meals & beverage gross sales. The corporate’s income reached ₹1,738.8 crore, with EBITDA of ₹258.3 crore throughout the quarter.
The shares of PVR INOX Restricted have been buying and selling at ₹1,123.05 down by ₹9.35 or 0.83 per cent on the NSE in the present day at 3.20 pm.
The quarter noticed the highest-ever common ticket worth of ₹281 and spending per head of ₹140. Promoting income hit a post-pandemic excessive of ₹148.6 crore. The corporate welcomed 3.73 crore patrons throughout the quarter.
- Additionally learn: SBI Q3 outcomes: 85% surge in internet revenue, at ₹16,891 crore
The Telugu movie Pushpa 2 emerged as the most important contributor, accounting for 36 per cent of Q3’s India field workplace collections. The Hindi dubbed model of the movie grossed over ₹9,000 crore, setting a brand new file for the highest-grossing Hindi movie.
PVR INOX continued its enlargement, including 11 new screens throughout two properties throughout the quarter. The corporate has additionally signed agreements for 100 new screens below its new ‘Capital Mild’ progress mannequin, comprising 31 screens below administration contracts and 69 below the asset-light mannequin.
The cinema operator has efficiently diminished its internet debt by ₹434.6 crore since March 2023, bringing it all the way down to ₹995.8 crore as of December 2024. The corporate at present operates 350 cinemas with 1,728 screens throughout 111 cities in India and Sri Lanka.
