Its revenue from operations during the quarter under review was at Rs 582.26 crore, up multi-fold in comparison to the low base of the corresponding quarter of the previous year
Q1 marks a full quarter of operations post pandemic for cinemas. This will reflect in financials of these firms, with likely revenue growth at 65-70% for PVR and Inox sequentially
Stocks of multiplex operators have been under pressure ever since the government announced a nationwide lockdown to arrest the spread of the Covid-19 pandemic
Data analysed by SBICap Securities show revenue from convenience fees has grown at a compound annual rate of 85 per cent for multiplex chain operator Inox Leisure and 58 per cent for PVR