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Buoyed by a robust Dussehra weekend, cinema exhibitor PVR INOX Ltd is looking forward to a strong festive season, having already crossed 50 per cent occupancy. This Dussehra, which also marked Gandhi Jayanti, has already seen over 8.5 lakh admissions, with occupancy crossing 50 per cent, the company said. "This festive season, our theatres are alive with the energy of audiences across India," PVR INOX Ltd CEO - Revenue & Operations, Gautam Dutta, said in a statement. With the second quarter already showing robust growth, the company said it is "poised for an exciting season ahead", with upcoming releases looking even more promising. While both Bollywood and Hollywood movies, including 'Kantara: A Legend Chapter 1', 'Jolly LLB' and 'One Battle After Another', have been attracting patrons to the theatre, PVR INOX said regional cinema has also shone brightly. "Titles like Idli Kadai (Tamil/Telugu), Maria (Tamil), Vada Pav (Marathi), and Nikka Zaildar 4 (Punjabi) are making a strong .
Cinema exhibitor PVR INOX is looking to build on the momentum of a strong first quarter, tapping new good movie releases and consumer fatigue with OTT as it seeks to return to profitability, according to its Managing Director Ajay Bijli. Having recorded a 12 per cent year-on-year growth in people visiting the company's cinemas at 3.4 crore in the first quarter of this fiscal, despite a subdued April, the business has bounced back, Bijli told PTI. "We are obviously very happy that business has bounced back. We've always been very confident about the fact that Indian consumers will always consider going out and watching movies on the big screen as the number one form of entertainment," he noted. Watching movies on the big screen will coexist with all the other formats of consuming content, Bijli added. Asked when the company expects to be in the black, Bijli said, "Normally, I don't give any guidance...but all I can say is that the momentum is there, and all the movies that are comin
Cinema exhibitor PVR INOX plans to add around 200 screens in two years at an investment of up to Rs 400 crore, its Executive Director Sanjeev Kumar Bijli said on Wednesday. The company's expansion plans will majorly focus on South India, followed by smaller cities and towns in the next two years, Bijli told PTI in an interview. "This financial year, 2025-26, we have about 100 screen openings planned, and out of which we have opened about 20 already in the first quarter, and we have another 82 to go. So, basically, we are on track to open about 100 screens this year," he said when asked about the company's expansion plans. Out of the 100 screens, 40 screens are in South India, including Hyderabad, Bangalore and Hubli. At the same time, some cinemas will come up in Mumbai, Delhi, and Gurugram, and some smaller towns like Siliguri, Jabalpur, Leh and Gangtok. "It is a bit of a mixed bag, but 40 per cent of this (expansion) still remains in South India, and about 20 per cent in smaller
Cinema exhibitor PVR INOX is betting big on franchise owned company operated model to expand its presence beyond metros in India while also seeking to spread its affordable luxury offering, according to its CEO Pramod Arora. The company is hoping that by developing cinema exhibition infrastructure in different parts of the country it would be able to provide economic benefits to local filmmakers and artists through box office receipts and sustain content creation, Arora told PTI. Through the franchise owned company operated (FOCO) model, PVR INOX provides its expertise to oversee design, development, execution, and day-to-day operations of properties developed by investors who own the assets. PVR INOX, which opened a 5-screen multiplex in Raipur last week, is banking on the FOCO model to accelerate expansion across the country, particularly scaling up premium cinema formats in high-potential Tier II and Tier III cities. "The beginning of FOCO actually happened with Gwalior which .
The audience response to Oscar-nominated films in India has been consistently growing over the years and access to these films for theatrical release has improved significantly, says Sanjeev Bijli, executive director of PVR INOX Ltd. Ahead of the 97th Academy Awards, the multiplex chain brought back its annual Oscars Film Festival, which showcases a stellar lineup of Oscar-nominated and award-winning films on the big screen over the course of three weeks in 22 cities and across 54 cinemas. We've been doing it every year now for a long time, and the audience reaction has always been very good. As a cinema company, we remain committed to bringing all kinds of films. Over the years, the availability of these films has also become easier, Bijli told PTI. The film gala, which commenced on February 21, is screening films like "Dune: Part Two", "Wicked", "Inside Out 2", "The Brutalist" and "Emilia Prez". Bijli highlighted the role of PVR INOX Pictures' distribution division, which has pla