Multiplex Chain PVR Inox
Multiplex chain PVR Inox released its December quarter results on Thursday. The company’s consolidated profit increased by 167% year-on-year to Rs 96 crore, which was Rs 36 crore in the same quarter last year. The company’s earnings from operations in Q3 FY26 stood at Rs 1,880 crore, which is 9.4% higher than Rs 1,717 crore in the same quarter of the previous financial year.
The film Dhurandhar played a big role in increasing the earnings. It became the highest-grossing Hindi film of all time, with a total box office collection of Rs 1,000 crore. Hindi original films contributed well to the company’s performance. According to PVR Inox, 2025 had its best-ever performance at the Hindi box office with total collections exceeding Rs 5,500 crore, a growth of 18% year-on-year. Better genre mix and consecutive releases of big films helped in this.
Overall, the box office collection in 2025 stood at Rs 13,395 crore. This shows 32% more than the pre-Covid level and an increase of 13% on an annual basis. This year 37 films earned more than Rs 100 crore. The company’s EBITDA during the quarter was Rs 662 crore, which was Rs 570 crore last year. That means there was an annual increase of 16%. This does not include the one-time provision of Rs 465 crore made for implementing the new labor code.
Highlights of Q3
Viewership 4.05 crore, an increase of 8.6% on an annual basis. Average ticket price was Rs 293, up 4.1%. Per capita expenditure on food and drinks increased by Rs 146, 4.2%. Net debt came down to Rs 365 crore, which is the lowest level after the merger. Total debt reduced by 74% i.e. Rs 1,065 crore, 20 new screens were started in five theatres. At present, PVR INOX has 358 theaters and 1,791 screens in 112 cities.
forward perspective
The company says that the future of the theater industry looks strong in 2026. The content pipeline is more balanced and powerful, which will support growth. The lineup of Hindi films includes many big films like Dhurandhar 2, King, Ramayana Part 1, Drishyam 3, Welcome to the Jungle, Dhamaal 4, The Kerala Story 2.
management issue
Ajay Bijli, Managing Director, PVR INOX, said the company is now entering the next phase of sustainable growth. Light investment expansion model and strong balance sheet are its major strengths. He said, our focus is on providing a better experience to the audience, increasing footfall in new ways and creating long-term value for shareholders.