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PVR revenue up 7% to Rs 7 bn in Q1 on growth of footfall in theatres

During the current financial year, PVR has added nine new screens across two properties, taking its portfolio to 634 screens

PVR, Warburg Pincus, asset management
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Urvi Malvania Mumbai
Multiplex chain operator PVR’s revenue for the quarter ended 30 June stood at Rs 7 billion, up 7.2 per cent year-on-year over Rs 6.53 billion during the corresponding period last year. 

Consolidated Ebitda for the quarter was Rs 1.41 billion as against Rs 1.31 billion in the same period last year, at a growth rate of eight per cent. Ebitda margin for the quarter was 20.2 per cent. Consolidated PAT for the quarter was Rs 520 million, up 17 per cent from Q1FY18’s PAT of Rs 440 million.

Box office revenues for the quarter increased 12 per cent from Rs