FILE PHOTO: People visit an INOX movie theatre in Mumbai, India, March 29, 2022. REUTERS/Francis Mascarenhas/File Photo
| Photo Credit:
FRANCIS MASCARENHAS

PVR INOX Ltd, one of India’s largest cinema chains, announced a net loss of ₹105.8 crore for the quarter ended March 31, 2025, according to financial results released today. The company reported revenue of ₹1,285.3 crore and EBITDA of ₹25 crore for Q4 FY25.

The shares of PVR INOX Ltd were trading at ₹957.95 up by ₹36.50 or 3.96 per cent on the NSE today at 2;30 pm.

The multiplex operator attributed the underwhelming performance to an “uneven release calendar” and inconsistent content availability. Both Bollywood and Hollywood underperformed, contributing to a 9 per cent decline in overall gross box office revenue. Hindi box office collections dropped 26 per cent due to fewer film releases and postponements, while Hollywood revenues fell 28 per cent.

Despite these challenges, PVR INOX welcomed 30.5 million patrons during the quarter, with an average ticket price of ₹258 and food and beverage spending per head of ₹125.

For the full fiscal year 2025, the company recorded a net loss of ₹151.9 crore on revenue of ₹5,874.6 crore. However, the cinema chain made progress in reducing its net debt by ₹478.2 crore since March 2023, bringing it down to ₹952.2 crore.

PVR INOX currently operates 352 cinemas with 1,743 screens across 111 cities in India and Sri Lanka. The company opened 77 new screens while closing 72 underperforming ones during FY25 as part of its portfolio rationalization strategy.

Looking ahead, the company expressed optimism about FY26, citing a strong lineup of upcoming Hollywood blockbusters, Bollywood releases, and regional films expected to drive box office recovery.

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Published on May 12, 2025