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PVR INOX reported a consolidated net loss of ₹125.3 crore for the March quarter of FY25, slightly lower than the ₹129.7 crore loss in the same period last year. Revenue from operations was marginally down at ₹1,249.8 crore versus ₹1,256.4 crore a year ago.
For the full fiscal year, the company’s net loss widened significantly to ₹280.9 crore from ₹32.7 crore in FY24. Total consolidated income dropped 5% to ₹5,953.6 crore, impacted by weaker box office performance and an uneven film release calendar.
Hindi box office revenue declined 26% due to fewer major releases and delays, while Hollywood collections dropped 28%, reflecting the lingering impact of last year’s strikes and a weak slate. In contrast, Hindi-dubbed films surged 153%, driven by pan-India hits like Pushpa 2 and Kalki.
During FY25, PVR INOX closed 72 screens and opened 77 new ones, ending with 1,743 screens across 352 cinemas in 111 cities. It is now focusing on a capital-light growth model, with 23 new franchise-owned, company-operated cinemas (101 screens) in the pipeline.
Movie exhibition revenue in Q4 was ₹1,235.2 crore, while production and distribution revenue rose 3.4% to ₹82.1 crore.
Looking ahead, the company expects FY26 to be a strong year with major Hollywood and regional releases like Mission Impossible – The Final Reckoning and Avatar: Fire and Ash. Shares closed 5.04% higher at ₹966.80 on the BSE.
(Courtesy: PTI)
