PVR Inox Ltd swung to a net profit of ₹106 crore in the quarter ended September 2025, compared to a loss of ₹11.8 crore a year earlier, as a strong slate of films and record audience turnout boosted performance.
Revenue rose 12.4% year-on-year to ₹1,823 crore, while EBITDA climbed 27.7% to ₹611.7 crore. Operating margins expanded to 33.5% from 29.5%, reflecting improved occupancy, higher ad income, and disciplined cost management.
The company posted its highest post-pandemic Q2 advertising income at ₹125.6 crore, up 15% year-on-year, and achieved 44.5 million admissions, the highest in two years, marking a 15% growth.
Net debt fell to ₹6,188 crore, the lowest since the merger, representing a 57% reduction.
The Indian box office continued its resurgence, with 12 films crossing the ₹100 crore mark in Q2, taking the half-year total to 22 hits, the highest since COVID. Hollywood also contributed significantly, with titles like Jurassic World, Superman, Fantastic Four and F1 driving collections past ₹500 crore.
PVR Inox added 22 new screens and exited eight during the quarter, bringing its total to 1,761 screens across 354 cinemas in 111 cities. The company now has 132 screens signed under its capital-light model, including 44 FOCO and 88 asset-light locations.
Managing Director Ajay Bijli said, “The first half of FY26 has been one of the strongest for Indian cinema in recent years, powered by a diverse mix of Hindi, Hollywood, and regional films. Initiatives like Blockbuster Tuesdays and new value offerings are driving deeper consumer engagement and higher footfalls.”
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With a robust release calendar ahead and a recent GST cut on lower-priced tickets, the company said the outlook for the remainder of FY26 remains highly encouraging.
As of 2:16 PM, shares of PVR Inox were trading 1.3% lower at ₹1,083.70 on the NSE, following the results announcement.
