PVR expects 3-4 per cent of its revenues from alternative content in the next two to three years
Movie theatre company PVR on Friday signed an agreement with real estate firm M3M India to set-up an 8-screen multiplex at 65th Avenue
'Had the last week of December not been impacted by Omicron and the ensuing restrictions we would have closed with even better numbers for December,' says CMD Ajay Bijli
The Delhi Disaster Management Authority, on Tuesday, ordered the closure of schools, colleges, cinemas and gyms with immediate effect
These stocks have corrected between 10-20 per cent over the last one month relative to benchmarks' 3 per cent fall. Here's a possible way forward for these stocks
The third movie in the Spider-Man series has garnered Rs 47.5 crore gross box office advance sales
Reliance Industries has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS)
The film exhibition major is currently experimenting with gaming and received a good response
The drive-in theatre, operated and managed by PVR Ltd, will be launched on November 5
Leading multiplex chain operator PVR Ltd on Friday reported narrowing of its consolidated net loss to Rs 153.13 crore for the second quarter ended September 30, 2021. The company had posted a net loss of Rs 184.06 crore in the July-September quarter a year ago, said PVR in a BSE filing. Its revenue from operations was up nearly threefold to Rs 120.32 crore during the quarter under review. It was Rs 40.45 crore in the corresponding quarter last fiscal when the screening business was completely closed last fiscal. PVR's total income was also up over twofold to Rs 275.21 crore as against Rs 110.61 crore of the corresponding quarter. Its total expenses were at Rs 460.68 crore, up 18.31 per cent in Q2/FY 2021-22 as against Rs 389.37 crore. "The Q2 results continued to be impacted on account of COVID-19," said PVR adding that "we continued our strategy on keeping the monthly cash burn rate low through various cost-saving initiatives and keeping adequate liquidity on our balance ...
Will start with Battlegrounds Mobile India (BGMI), the version of PUBG exclusively for India
Inox Leisure soared 18 per cent to Rs 412.20, while PVR surged 10 per cent to Rs 1,662 on the BSE in intra-day trade on Monday
The stock had recently high a fresh 52-week high at Rs 1,631.85 on the back of upbeat sentiment in media shares.
The Jt MD of the cinema chain says PVR is currently concentrating on properties that were to be launched before the pandemic struck in March 2020
Delhi CM Arvind Kejriwal inaugurated the cinema in its new avatar that boasts PVR P(XL) technology becoming first in capital and ninth overall in India to have homegrown large screen format
PVR Ltd on Thursday reported a consolidated net loss of 219.55 crore for the first quarter ended June 2021, due to a hit on its film exhibition business amid Covid-induced lockdowns
As single screen closures could accelerate, PVR could emerge stronger relative to most other cinema operators and may be well placed to capitalize on likely pent-up demand
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The company continued to be impacted by the Covid-19 pandemic
Sebi has barred eight entities, including two employees of Infosys, from the securities market for indulging in insider trading activities in the shares of the IT major