India’s leading multiplex operator, PVR INOX, disclosed a nearly 70% decrease in consolidated net profit to Rs 56.5 crore for the quarter ending June 2026. This marks a significant drop from the Rs 186.7 crore profit recorded in the previous March quarter. Despite this decline, the company returned to profitability compared to the same quarter in the previous fiscal year when it reported a net loss of Rs 54.5 crore.
Commenting on the results, Ajay Bijli, Managing Director of PVR INOX Limited, highlighted the structural strength developed over the past three years. He noted the industry’s overall growth, improved operating metrics, and the company’s achievement of becoming Net Cash positive. Looking ahead, Bijli emphasized the company’s commitment to enhancing consumer experience, boosting foot traffic, and creating lasting value for shareholders through a content-rich lineup and a capital-efficient expansion strategy.
The company’s consolidated revenue from operations saw a year-on-year increase of 11.9%, reaching Rs 1,622 crore from Rs 1,450 crore in the corresponding quarter of the previous year. This growth was primarily driven by enhanced box office performance and increased occupancy levels across its cinema network. Total income also rose by 11.2% to Rs 1,648.3 crore during the quarter, compared to Rs 1,481.7 crore in the prior year.
Total expenses for PVR INOX amounted to Rs 1,572.7 crore, marking a 1.8% rise from the year-ago period. However, on a sequential basis, expenses showed a 1.6% decrease. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) surged by 31% year-on-year to Rs 529 crore, showcasing a significant improvement in operating profitability. The EBITDA margin expanded by 470 basis points to 32.6% from 27.9% in the previous fiscal year.
