Pvr Cinemas

PVR Inox jumps 7% post Q2; JM Fin raises price target: Check details

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 banking on diverse genre and Hollywood films for growth

The multiplex chain's profit rebound was driven by strong film lineups, higher admissions, and steady Hollywood releases that lifted India's overall box office

PVR Inox eyes strong festive season, clocks 50% occupancy during Dussehra

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 .

PVR Inox banks on good movie releases, OTT fatigue for profitability: MD

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

PVR INOX narrows Q1 loss to ₹54 crore on strong lineup, cost control

The company's revenue from operations rose by 23.38 per cent to ₹1,469.1 crore during the quarter compared with Q1FY25

IMAX format attracts cinema goers as demand for premium experiences rises

PVR INOX and Cinepolis India report an increase in IMAX releases, driven by growing audience interest in high-quality cinema experiences

PVR INOX sees film re-releases gaining traction amid BO uncertainty

With box office performance of new films volatile, PVR INOX plans to expand re-releases, which brought in ₹124 crore and 7.1 million admissions in FY25

Movies may see action-packed footfall by May-end, says PVR INOX's Bijli

PVR INOX is also banking on more initiatives like re-releases and affordable pricing initiatives like Cinema Lovers Day and Blockbuster Tuesdays

PVR INOX debuts in Jabalpur via FOCO model for expansion in smaller cities

With this opening, PVR INOX currently has 1,738 screens across 352 properties in 111 cities

PVR Inox bets on FOCO model to widen presence beyond metro cities

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 .

HC grants interim stay on consumer court's order against PVR for ad delays

The case pertains to a consumer complaint that PVR Cinemas delayed the screening of a movie by playing nearly 30 mins of advertisements

PVR Inox launches app feature 'SCREENIT' for curated movie experience

Buoyed by strong consumer response to re-released films, cinema chain PVR INOX Ltd on Monday introduced a feature allowing movie lovers to create or join customised shows at their preferred cinemas. The company has introduced a platform named SCREENIT available only on PVR INOX app allowing customers to curate their movie experience. It gives audiences the opportunity to relive classics and fan favourites and enables them to choose from a diverse library of over 500 titles and create community-driven screenings, PVR INOX said in a statement. "SCREENIT empowers audiences to curate their movie experience, ?choosing what, when and where to watch, ?all while offering exciting rewards," PVR INOX Ltd CEO of Luxury Collection and Innovation, Renaud Palliere said in a statement. The company said users can explore the SCREENIT platform and browse through a wide selection of movies and pick their preferred cinema and time, and book tickets. Users can also create shows of their choice by ..

PVR INOX rejigs media biz, appoints Chief Sales Officer Sabharwal as head

Cinema exhibitor PVR INOX Ltd on Monday announced a restructuring of its Rs 600 crore media business, naming Chief Sales Officer Shalu Sabharwal as the leader of initiatives to focus on deepening market connections and driving growth across the country. Sabharwal will take the lead in making strategic changes to bolster media business by leveraging a team of industry experts who will take charge of business development across India, PVR INOX said in a statement. "Her extensive experience and strategic vision make her the ideal leader to guide this transformation. By bringing in industry experts and focusing on key areas like data-driven decision-making and sponsorship opportunities, we are positioning PVR INOX as a dominant force in the media business," PVR INOX CEO- Revenue & Operations, Gautam Dutta said. Under the newly revamped structure, regional heads Gaurav Shukla, Sharda Ganti, Rajesh Makhija and Shalini Marianathan will spearhead efforts in their respective markets, the ..

PVR Inox scripting new theatre billing: Pay only for what you watch

It will give the audience the freedom to leave the hall at any point in the movie while paying only for the time they watched it

Pushpa 2: The Rule likely to become India's biggest box office hit

Cinema exhibitors told Business Standard that the movie will first be released in 2D, meaning Allu Arjun's fans will have to wait for the 3D version

PVR Inox to have 2K screens by 2026, eyes Tier-II,-III cities for expansion

Launches AI chatbot on WhatsApp with Meta, Razorpay, Jio Haptik

PVR INOX to add 100 screens next year with investment of around Rs 200 cr

Cinema exhibitor PVR INOX Ltd plans to add around 100 screens next year entailing an investment of around Rs 200 crore, its Executive Director Sanjeev Kumar Bijli said on Friday. The company, which launched an AI-powered WhatsApp chatbot, Movie Jockey (MJ), for movie discovery and booking experience, plans to add 100 screens every year going forward. "This year so far we opened about 70 odd screens and closed about 45-50 screens. We will be adding about 40 more screens this year and we will be closing down another 10-15 screens," Bijli told PTI here on the sidelines of the launch. The idea was to close down about 75 screens this year and add about 120, he said, adding "so we are on track". When asked about future expansion plans, Bijli said, "The following year we are looking at adding almost 100 screens per year." When asked about investments, he said next year's pipeline of 100 screens will entail a capital outlay of about Rs 200 crore. "We are looking at asset light model now

Indian multiplex chains see best festive weekend post Covid in Diwali 2024

This Diwali weekend, two major Hindi-language sequels were released-Anees Bazmee's horror-comedy Bhool Bhulaiyaa 3 and Rohit Shetty's cop universe movie Singham Again

PVR Inox ventures beyond cinema, to launch first food court in December

The company said in a BSE filing that the food court business would remain separate from the in-cinema F&B revenue

Multiplex Association defends dynamic ticket pricing, ATP in 2023 at Rs 130

The Multiplex Association of India (MAI) on Wednesday defended "dynamic and flexible" cinema pricing, which fluctuates based on factors like location, day of the week, seat type, film format, and cinema format. Cinema exhibitors are now using sophisticated digital tools to stimulate audience demand and optimise pricing, said MAI while issuing a statement over the recent remarks by film maker Karan Johar. Brushing aside Johar's remarks, who alleged high pricing strategies by cinema exhibitors, the MAI statement quoting its President Kamal Gianchandani said the average ticket price (ATP) across all cinemas in India was Rs 130 per ticket. "The country's largest cinema chain, PVRINOX, reported an ATP of Rs 258 for the fiscal year 2023-24. Additionally, the Average Spend Per Head (SPH) on F&B at PVRINOX during this period stood at Rs 132," it said adding "This brings the total average expenditure for a family of four to Rs 1,560 significantly different from the Rs 10,000 figure carried