PVR INOX Returns to Profit as India's Theatre Business Grows
PVR INOXhas witnessed a strong financial turnaround in the first quarter of FY27. It reported a profit after tax of ₹56. 5 crore compared to a loss of ₹54 crore during the same period last year. ADVERTISEMENTThe. . .
PVR INOXhas witnessed a strong financial turnaround in the first quarter of FY27. It reported a profit after tax of ₹56. 5 crore compared to a loss of ₹54 crore during the same period last year. ADVERTISEMENTThe multiplex chain also recorded a 10. 4% rise in consolidated revenue, which increased to ₹1,622. 2 crore from ₹1,469 crore a year ago. The company’s improved performance comes amid a strong recovery in India’s theatrical business, with the overall box office growing 20% year-on-year during the quarter. A diverse mix of Hindi, regional and Hollywood films helped bring audiences back to cinemas and boost revenue. PVR INOX credited its growth to a strong content lineup across languages. Hindi films includingBhoot Bangla, Cocktail 2 and Main Wapas Aunga performed well. Regional cinema also contributed significantly with films such as Raja Shivaji, Drishyam 3 and Karuppu. Hollywood releases like Project Hail Mary, Michael and Obsession further supported cinema footfalls. The company recorded 36. 6 million admissions during the quarter, reflecting an 8% annual increase. Average Ticket Price rose by 8% to ₹273, while Spend Per Head increased 9% to ₹161. Food and beverage revenue grew by 17%, while ticket revenue increased 16% compared to the previous year. PVR INOX also reported a major improvement in profitability, with EBITDA rising 90% to ₹229. 6 crore and margins expanding from 8. 2% to 14%. The company achieved another milestone by becoming net cash positive, with ₹80. 7 crore in net cash as of June 30, 2026. PVR INOX Managing Director Ajay Bijli said the company’s operational performance improved across key areas and highlighted the importance of a strong content pipeline and customer approach. Following the announcement, PVR INOX shares climbed 5. 5% to ₹1,047. 85 on the Bombay Stock Exchange. The latest results signal a promising recovery phase for India’s cinema exhibition industry. ADVERTISEMENT