Culture of watching movies is stronger in South, says PVR Inox MD
The buying interest on the counter came after the company announced opening five new screens at Inorbit Mall, Cyberabad, Hyderabad, transforming the cinema into an 11-screen superplex
PVR INOX is rolling out its luxury multiplex brand Cinemagic in Delhi, adding gaming zones, nail bars and perfumery corners as part of a broader push to turn cinemas into lifestyle hubs
PVR Inox reported total revenue of ₹1,858.9 crore in Q2FY26, up 12 per cent from ₹1,663.9 crore in the year-ago period
PVR Inox is seen trading above the 200-DMA for the first time since December 2024; the 200-DMA support now stands at ₹1,099, while the stock faces an overhead resistance at ₹1,165, shows the chart.
PVR Inox reported total revenue of ₹1,487.9 crore, up 23.1 per cent from ₹1,208.6 crore in the year-ago period
The company's revenue from operations rose by 23.38 per cent to ₹1,469.1 crore during the quarter compared with Q1FY25
Footfalls in cinema halls have been pressured by weak urban consumption, an uneven slate of film releases and growing competition from streaming platforms
Proposed pricing rule could cut average ticket price by 30% in Karnataka, impacting topline and Ebitda for movie theatres