PVR INOX Profit Soars 120% to ₹95Cr, Revenue Climbs 9.5% on Strong Footfalls

MEDIA-AND-ENTERTAINMENT

Overview

PVR INOX posted a two-fold increase in net profit for Q3 FY25, hitting ₹95.4 crore. Revenue rose 9.5% to ₹1,879.8 crore, driven by increased footfalls and higher per-customer spending. The cinema exhibitor added 20 new screens, continuing its capital-light expansion strategy.

The reported jump in profitability was underpinned by a 10.8% rise in revenue from the core movie exhibition segment, which reached ₹1,815.3 crore. However, the company's movie production and distribution arm saw a 19.53% decline, contributing only ₹117.8 crore. Overall expenses grew a more modest 2.5% year-on-year to ₹1,755.6 crore, allowing for enhanced margins.

Expansion Strategy

Management cited a significant strengthening of the balance sheet and a strategic focus on capital-light expansion as key drivers for future growth. Over the nine months of the fiscal year, PVR INOX has added 62 screens and plans to introduce 90-100 new screens in FY26 through its FOCO (Franchisee Owned Company Operated) and asset-light models.

Operational Metrics

Footfall numbers increased by 8.6% to 40.5 million patrons during the quarter. Average ticket prices saw a 4.1% uptick to ₹293, while average food and beverage spend per head rose 4.2% to ₹146.

Outlook

Managing Director Ajay Bijli expressed confidence, anticipating a "next phase of sustainable growth" supported by a robust content pipeline for 2026. He highlighted the company's focus on consumer delight and shareholder value.

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