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Business EconomyPosted at: Feb 6 2025 7:51PM


PVR INOX Q3 net up at Rs 35.5 crore in Q3

New Delhi, Feb 6 (UNI) Multiplex firm PVR Inox Ltd. on Thursday reported a net profit of Rs 35.5 crore for the third quarter of FY25, as against Rs 12.8 crore in the same period of last financial year.
Revenue during the reporting quarter grew 11 percent year-on-year to Rs 1,717 crore, compared to Rs 1,546 crore in the corresponding quarter of last year, the company said in a regulatory filing with the stock exchanges.
Blockbuster movies propelled Q3 to the highest box office earnings of the year. This success led to record-breaking average ticket prices and spending per head, reaching Rs 281 and Rs 140 respectively, the company said.
Commenting on the results and performance, Mr. Ajay Kumar Bijli, Managing Director, PVR INOX Ltd., said, "As we look ahead, our focus remains on pivoting to the capital light model, enhancing free cash generation, reducing net debt, controlling costs and delivering a diverse slate of films that excite and inspire moviegoers.
With a robust content pipeline, a slew of strategic growth initiatives, and continued financial discipline, we are confident in sustaining our leadership and driving long-term value for all stakeholders."
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