PVR Revenue

Earnings before interest, tax, depreciation and amortization (Ebitda) grew 75.1 per cent YoY to Rs 288.8 crore in the quarter

The company said it is on track to open a total of 100-110 new screens by the end of this fiscal year

'We would love to have more players entering the market because that is how the business will grow'

The September quarter had no major blockbuster apart from Brahmastra

Leading multiplex chain operator PVR expects the movie exhibition industry to bounce back "dynamically" in FY23 and plans to open as many as 125 screens during the year, its highest ever tally in a year. According to the company's latest annual report, PVR, which is merging with rival Inox Leisure, expects the process to be completed this fiscal. As per the terms of the merger, its Chairman and Managing Director Ajay Bijli will be the Managing Director and Joint Managing Director Sanjeev Kumar will be the Executive Director, respectively, of the combined entity PVR INOX for a term of five years. "Overall, business is expected to grow in the coming quarters, supported by the growth in ATP (average ticket price) and SPH (spend per head) already witnessed in Q3 & Q4 FY 2021-22, occupancy percentage reclaiming pre-COVID highs on the back of stellar content line-up, and the advertising income coming back to pre-pandemic level over the next few months," said the annual report for ...

The company has a strong pipeline of star-studded Indian and regional films along with foreign language films and expects the second half of FY 2021-22 to be even better than the pre-Covid

PVR's total expenses was at Rs 731.84 crore in fourth quarter of 2019-20 as against Rs 771.27 crore a year ago

PVR currently operates a network of 800 screens spread over 170 properties in 69 cities across the country

Reported topline jumped 26 per cent, but net profit down 69 per cent due to change in accounting norms and weak show by key segments

During the current financial year, PVR has added nine new screens across two properties, taking its portfolio to 634 screens