Page 15 - Pvr

PVR to invest Rs 80-100 crore to upgrade technology

The company also expects to maintain double-digit growth in its media sales, which now stands at 12% of turnover

PVR revenue grows 6%, operating profit flat

PVR became the first multiplex chain in India to deliver 100 crores of gross box office collection

PVR Q3 net down 21% at Rs 23.89 crore

Consolidated net profit reported at Rs 30.15 crore

PVR to pump in Rs 250 cr, add 70 screens every year

PVR currently operates about 570 screens across 46 cities and the figure is expected to touch 600 by March 2017

Warburg Pincus buys 14% stake in PVR for Rs 820 cr

Warburg bought stake from affiliates of PE firm Multiples Alternate Asset Mgmt and PVR's founders

PVR, Hathway to fare better than print, TV peers

Multiplexes and cable firms will see less fallout from note ban, hence expected to do better

Warburg Pincus acquires nearly 14% stake in PVR for Rs 820 cr

PVR operates a cinema circuit comprising 562 screens in 122 properties in 48 cities pan India

PVR introduces UPI for transactions at its multiplexes

Move is part of PVR's attempt to promote digital transactions, is also fuelled by demonetisation

PVR to waive of convenience fee on online cinema ticket booking

The move comes a couple of days after the ban on Rs 500 and Rs 1000 notes as mandated by the government

PVR to raise Rs 250 cr via NCDs

This will result in borrowed money exceeding the aggregate of company's paid up share capital and free reserves

PVR denies stake sale to Wanda

PVR is currently the biggest multiplex chain in the country, with 553 screens across 131 properties in 48 cities across the country

PVR, Inox Leisure hit record high

PVR rallied 8% to Rs 1,280 after the media report suggests that China's Dalian Wanda Group eyes controlling stake.

PVR launches six-screen multiplex at Palava

Expands its presence in Mumbai Metropolitan Region with this launch, first multiplex in the region

PVR revenue up 17%

However, the revenue increased 17% to Rs 570 cr

PVR plans to raise up to Rs 250 crore via NCDs

Company, however, did not specify on what it intends to do with the money

PVR gets the show on the road

The chain experiments with movie-viewing experiences to cater to audiences in every price segment

PVR, Pidilite Industries, Grasim Industries, Muthoot Finance hit record high

BPCL, Carborundum Universal, Tube Investments and APL Apollo from the BSE500 index hit lifetime high on BSE.

Multiple triggers will improve PVR show

While GST is the immediate trigger, ancillary revenues will provide additional boost

PVR earmarks up to Rs 250 cr capex for FY17

The Delhi-based firm aims to have around 610 screens in total at the end of the current fiscal

PVR hits record high

The stock hit a record high of Rs 907, up 3% on BSE in intra-day trade, extending its 5% gain in past two trading sessions.