The multiplex operator posts a profit in the June quarter on the back of higher revenue, improved operating margins and stronger admissions, while turning net cash positive and staying on course to add up to 100 new screens this financial year
PVR Inox reported a consolidated net profit of Rs 56.5 crore for the quarter ended 30 June 2026, compared with a net loss of Rs 54.5 crore in the corresponding quarter of the previous financial year. Revenue from operations increased 11.9 per cent year-on-year to Rs 1,622.2 crore, up from Rs 1,449.6 crore in the year-ago period.
The company’s operating performance also strengthened during the quarter. Earnings before interest, tax, depreciation and amortisation (Ebitda) rose 30.8 per cent to Rs 528 crore from Rs 403.5 crore a year earlier, while Ebitda margin expanded to 32.5 per cent from 27.8 per cent.
Average ticket price increased 8 per cent year-on-year to Rs 273, while average food and beverage spend per head rose 9 per cent to Rs 161. Admissions during the quarter stood at 36.6 million, an increase of 8 per cent over the corresponding period last year.
As of 30 June 2026, PVR Inox operated 1,779 screens across 113 cities in India and Sri Lanka.
Expansion Plans
The company said it turned net cash positive during the quarter, reporting net cash of Rs 80.7 crore as of 30 June 2026.
“This gives the company complete strategic flexibility to pursue its capital-light growth agenda funded through internal accruals. The company remains on track to open 90–100 new screens during FY27, weighted towards asset-light formats,” PVR Inox said in an issued statement.
Commenting on the quarterly performance, Ajay Bijli, Managing Director, PVR Inox, said that “Q1FY27 reflects the structural strength we have built over the last three years. The industry delivered broad-based growth, our operating metrics improved across the board, and the Company is now Net Cash positive.”
He added, “With a diverse content slate ahead and a capital-light expansion model, our focus remains on delighting consumers, driving footfalls and creating enduring value for our shareholders.”
The company said its content pipeline for the remainder of FY27 remains strong, supported by a mix of franchise films, star-led releases and content-driven titles across multiple languages.
Shares of PVR Inox rose more than 5 per cent in intraday trade after the earnings announcement. The stock has gained around 5 per cent over the past month and 9 per cent over the last six months. However, it remains down 29 per cent over the past two years and 23 per cent over the last five years.
