Saturday, June 07, 2025 | 01:16 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Regional movies' revenue doing little for PVR, Inox; stay away, say experts

While there may be some bounce back, risks from OTT, sparse revenue from South Indian movies may put pressure on stock prices

Photo: Bloomberg
premium

Photo: Bloomberg

Nikita Vashisht New Delhi
PVR and Inox Leisure are bearing the brunt of Bollywood’s failure at the box office. The recent duds,  including Laal Singh Chaddha, Dobaaraa, Raksha Bandhan, and Shamshera, have forced investors to shun related players’ stocks amid fears of sub-par earnings.

"Bollywood box office performance has further deteriorated over the last two months. Poor content performance is largely underscored by deprecatory critics-reviews and social media influencing," said analysts at Emkay Global Financial Services.

However, after a successful June quarter for the 2022-23 financial year (Q1FY23), overall box office collections have meaningfully tapered in Q2FY23. Based on this, the brokerage has cut