 "Ajay Bijli, MD, PVR INOX Ltd")
This report has been updated
India’s leading multiplex operator, PVR Inox, is expanding its footprint in South India. Last week, it opened a 14-screen megaplex in Bengaluru and a 9-screen multiplex in Kochi. The Rs 3,559 crore (FY23 revenues) firm is also unrolling an ‘asset light’ model to boost its operating margins. Just after its launch in the IT city, PVR Inox managing director Ajay Bijli spoke to Vanita Kohli-Khandekar in a video interview on the company's screen additions, investment strategy, and growth plans. Edited excerpts
India’s leading multiplex operator, PVR Inox, is expanding its footprint in South India. Last week, it opened a 14-screen megaplex in Bengaluru and a 9-screen multiplex in Kochi. The Rs 3,559 crore (FY23 revenues) firm is also unrolling an ‘asset light’ model to boost its operating margins. Just after its launch in the IT city, PVR Inox managing director Ajay Bijli spoke to Vanita Kohli-Khandekar in a video interview on the company's screen additions, investment strategy, and growth plans. Edited excerpts
You seem to be augmenting your footprint in the South.
Bengaluru has the
