Cinema chain PVR INOX has reduced its losses and increased revenue in the first quarter of the financial year 2025-26 (Q1 FY26), thanks to strong movie releases and more people visiting cinemas.
Key Highlights:
- Net loss fell to ₹54.5 crore in Q1 FY26, compared to a much higher loss of ₹179 crore in the same quarter last year.
- Revenue from operations increased to ₹1,469 crore, up from ₹1,190.7 crore a year ago.
- Expenses also went up to ₹1,571.7 crore, compared to ₹1,457.5 crore in the same period last year.
More Viewers at Cinemas:
- PVR INOX saw a 12% increase in audience numbers, with 34 million people visiting their theatres.
- The company now runs 353 cinemas with 1,745 screens across 111 cities in India.
Strong Film Performance:
- The quarter was boosted by successful Hindi and Hollywood films, with 10 films crossing ₹100 crore in collections, including 3 that crossed ₹200 crore.
- This shows a steady performance across different languages.
Food and Beverage Revenue Grows:
- The spend on food and drinks per person hit a record high of ₹148, showing a 10% growth compared to last year.
New Cinemas Opened:
- PVR INOX opened 20 new screens during the quarter.
- 14 of these were opened under franchise and asset-light models.
- The company has 55 more screens planned under the FOCO (Franchise-Owned, Company-Operated) model and 72 under the asset-light model.
- Importantly, no screens were closed during the quarter.
What the MD Said:
Ajay Bijli, Managing Director of PVR INOX, said,
“This year has started well for us. We’re seeing good growth in both business and operations. With more great movies coming up, we expect this year to be strong for our cinema business.”
