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After a strong Q3 show, multiplex operators face near-term headwinds

While January could be a washout, footfalls are expected to recover once the virus impact wanes

Topics
multiplex | multiplex stocks | Compass multiplex

Ram Prasad Sahu  |  Mumbai 



PVR, multiplex
(Photo: Bloomberg)

The December quarter performance of listed operators is expected to be their best in seven quarters. The gains were aided by a recovery in footfall, relaxations on occupancies, and new movie releases in the quarter. Barring seven states, which had allowed 100 per cent occupancies, most states had a 50-per cent cap in place for multiplexes.

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First Published: Tue, January 11 2022. 19:07 IST

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