PVR Inox Narrows Loss, Sees Revenue Rise in Q1

PVR Inox, India's largest multiplex operator, reported a significant reduction in its consolidated net loss to approximately Rs 54 crore for the April–June 2025 quarter (Q1 FY26), compared to Rs 179 crore a year earlier, driven by strong box office performance and increased audience footfalls. Revenue from operations rose 23% year-over-year to Rs 1,469 crore, aided by successful Bollywood and Hollywood releases, including 'Sitaare Zameen Par', 'F1', and 'Mission Impossible'. Patron footfall increased 12% to 34 million, while average ticket prices rose 8% to Rs 254 and food & beverage spend per head reached a record Rs 148, up 10%. Advertising revenues grew 17% year-over-year, marking a post-pandemic high. The company added 20 new screens during the quarter, with further expansion planned. PVR Inox executives expressed optimism for the remainder of FY26, citing a robust upcoming film slate to further drive growth.