PVR Inox has reported a loss of Rs 125 crore in the fourth quarter of FY25. The company’s losses have narrowed by 3.47 percent on a year-on-year basis from Rs 129.5 crore in the same quarter of FY24.
While PVR Inox’s losses narrowed down, its revenue has fallen by 0.5 percent on a YoY basis. The multiplex operators posted a consolidated revenue of Rs 1249.8 crore in the Q4 against the revenue of Rs 1256.4 crore in the same quarter last year.
PVR Inox’s EBITDA margins saw a nominal improvement as it stood at 22.70 percent in Q4 against 22.20 percent last year. The company posted EBITDA of Rs 283.3 crore in the Q4 FY25. This is an increment of 1.5 percent, as it was Rs 279.2 crore in Q4 of FY24.
Key drivers of PVR Inox’s revenue in Q4
In a statement, the company said that it operates 352 cinemas with 1743 screens across the country in 111 cities. The cinema operator registered a footfall of about 3.05 crore in the fourth quarter. In the whole FY 25, the company saw a total footfall of 13.69 crore.
The two major revenue drivers for PVR Inox are ticket sales and food and beverages. The company said that the average ticket price in its cinemas was Rs 258 in the Q4. Additionally, the visitors spent an average of Rs 125 on food and beverages.
The company attributed the loss of revenue to the poor performance of movies at the box office. The company said that the Hindi box office declined by 26 percent, while the Hollywood box office declined by 28 percent in FY25. On the other hand, the dubbed movies saw an increase of 153 percent in collections at the box office.
PVR Inox share movement-
On Monday, May 12, PVR Inox shares gained about 4 percent. The share opened at Rs 943 and was trading at Rs 958 by 3:15 PM. The quarterly results of PVR Inox attract investors who are seeing the narrowing losses of the company.