PVR INOX Limited — Updates, 06-02-2025: Press Release
PVR INOX reported strong financials for the quarter and nine-month period ended December 31, 2024. The quarter saw revenues of ₹17,388 mn, an EBITDA of ₹2,583 mn, and a Profit After Tax (PAT) of ₹681 mn. The company welcomed 37.3 mn patrons, achieving record highs for average ticket prices (₹281) and food and beverage spending (₹140). Advertising revenue also peaked at ₹1,486 mn—its highest since the pandemic.
For the nine-month period, total revenues reached ₹45,893 mn, with an EBITDA of ₹4,453 mn; however, PAT was a loss of ₹460 mn. The company added 11 new screens this quarter, totaling 350 cinemas with 1,728 screens across 111 cities, and anticipates opening 100–110 new screens for the year, demonstrating a positive outlook amid a recovery in box office collections, driven by hits like "Pushpa 2." Continued efforts to reduce net debt have been effective, decreasing from ₹14,304 mn in March 2023 to ₹9,958 mn.
