PVR Inox posted a strong Q1FY27 turnaround and reported a profit after tax (PAT) of Rs 56.5 crore, compared to a loss of Rs 54 crore in the same period last year. The multiplex operator also reported 10.4 per cent growth in consolidated revenue to Rs 1,622.2 crore from Rs 1,469 crore a year ago.
PVR INOX Q1 results: Profit at Rs 56.5 crore, revenue up 10.4%, jump at box office
The company’s performance comes on the back of a strong recovery in the theatrical business, with India’s total box office collections growing 20 percent year-on-year during the quarter.
Strong film promotes slate penetration
PVR Inox attributed the quarter’s performance to a healthy mix of Hindi, regional and Hollywood films. In Hindi releases, Ghost Bangla Cocktail 2 And i will come back Emerged as a strong artist. Regional cinema also experienced impressive growth under the leadership of films like Raja Shivaji (Marathi), scene 3 (Malayalam) and Karuppu (Tamil).
Hollywood titles also contributed significantly, including non-franchise films. Project Hail Mary, Michael And Passion To draw audiences to theatres.
Increase in admissions, ticket prices and F&B sales
The multiplex chain recorded 36.6 million admissions during the quarter, marking a growth of 8 percent year-on-year. Its average ticket price (ATP) stood at Rs 273, up 8 per cent from last year, while per capita expenditure (SPH) rose 9 per cent to Rs 161. As a result, ticket revenues increased by 16 percent, while food and beverage sales increased by 17 percent compared to the same quarter last year.
EBITDA almost doubles, company turns net cash positive
PVR Inox also reported a sharp improvement in profitability. EBITDA grew 90 per cent to Rs 229.6 crore, with EBITDA margin expanding to 14 per cent from 8.2 per cent, driven by stronger operating leverage.
The company also achieved an important financial milestone by turning net cash positive, ending the quarter with net cash of Rs 80.7 crore as of June 30, 2026.
Ajay Electricity on quarterly performance
Commenting on the results, PVR Inox Managing Director Ajay Bijli said the company’s operating performance has improved across key parameters: “The industry has grown on a broad basis, our operating metrics have improved across the board, and the company is now net cash positive. With a diverse content slate and a capital-light expansion model, our focus remains on delighting consumers, growing customer base and creating sustainable value for our shareholders.”
After the announcement of quarterly results, shares of PVR Inox rose 5.5 per cent to Rs 1,047.85 on the Bombay Stock Exchange (BSE), reflecting positive investor sentiment after the company returned to profitability.
