PVR Inox on May 12 reported a consolidated net loss of Rs 125 crore for the fourth quarter of financial year 2024-2025. This marks a fall of nearly 3.5 percent from the Rs 129.5 crore net loss reported in the corresponding quarter of the previous financial year.
PVR Inox shares jumped over 4 percent to trade at Rs 959 apiece in the afternoon.
While net loss narrowed, the company's revenue from operations fell marginally to Rs 1,250 crore for Q4 FY25. It had earlier reported revenue from operations at Rs 1,256 crore in Q4 FY24. Its expenses also dropped marginally to Rs 1,479 crore during the quarter under review. Net loss margin meanwhile improved to 9.56 percent in Q4 FY25, from 9.94 percent in Q4 FY24.
PVR Inox said it operated 352 cinemas with 1,743 screens across 111 cities, as of March 31, 2025. Patrons visiting its cinemas was meanwhile reported at 30.5 million. The average ticket price stood at Rs 258, while Food & Beverage spend per head was reported at Rs 125 for the quarter.
"The box office in FY’25 was impacted by an uneven release calendar, marked by inconsistent content availability across quarters. Both Bollywood and Hollywood underperformed, contributing to a 9% decline in the company's overall gross box office revenue. Hindi box office collections dropped 26%, primarily due to a 14% reduction in film releases, the absence of major superstar-led titles, and multiple postponements. Hollywood revenues fell by 28%, reflecting the lingering effects of the previous year’s strike and a lackluster tentpole slate," the company said.
PVR Inox however noted that Hindi-dubbed films saw a remarkable 153 percent surge, driven by nationwide hits like Pushpa 2 and Kalki. During the fourth quarter of FY25, Vicky Kaushal-starrer Chhavva emerged as the highest-grossing film, with box office collections standing at approximately Rs 700 crore.
"Despite ongoing industry-wide challenges from a constrained pipeline of Hindi and English releases, the company remained unwavering in delivering on the four strategic priorities outlined at the start of the year," the firm said.
Speaking about the firm's performance, PVR Inox Managing Director Ajay Bijli said, "FY25 was an year of transformation — defined by our renewed focus on innovation and agility. We evolved from being reactive to becoming resilient and emerging as a more agile, future ready organization, laying the groundwork for long-term sustainability and relevance in a rapidly changing entertainment landscape."
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