PVR INOX Profits Surge Amid Strategic Expansion

PVR INOX's net profit more than doubled to Rs 95.4 crore in Q3 FY25, driven by a strong content slate and strategic expansion. Revenue rose 9.46% to Rs 1,879.8 crore. The company added 20 screens while exiting 3 underperforming ones and aims to add 90-100 screens in FY26.

PVR INOX reported a significant rise in net profit for the December quarter of FY25, registering a more than two-fold increase to Rs 95.4 crore. This marks a considerable improvement from Rs 35.5 crore in the same period last year, according to a regulatory filing.

The cinema exhibitor's revenue from operations surged by 9.46%, reaching Rs 1,879.8 crore, while total expenses saw a modest increase of 2.5% year-on-year. An expanded lineup of screens played a crucial role, with 20 new screens added and 3 underperforming ones closed, aligning with their capital-light growth strategy.

CEO Ajay Bijli emphasized the company's focus on consumer satisfaction, innovative driving of footfalls, and value creation for shareholders. As they anticipate a strong content pipeline for 2026, PVR INOX appears set for sustainable growth, reinforced by a resilient theatrical industry.

(With inputs from agencies.)