PVR is likely to narrow its losses in January-March quarter to Rs 14.9 crore from Rs 35.65 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, the company is likely to see a growth of 30 percent in its total income in Q4FY16 to Rs 390 crore from Rs 299.6 crore year-on-year.
During the quarter, EBITDA may stand at Rs 28.7 crore against Rs 10.75 crore while margins are likely to be at 7.4 percent versus 3.6 percent YoY.
Seasonally fourth quarter is muted with weak pipeline, examinations and lack of holidays during the period. However films in Q4 have fared well (Airlift, Neerja, Deadpool, Wazir and Kapoor & Sons).
Analysts polled by CNBC-TV18 estimate that footfall growth may go higher by 23.5 percent at 15.05 million compared to 12.2 million (YoY). Footfall growth is likely to be aided by new screens. The company has added 25 Screens this quarter.
Average ticket price is also seen higher by 7 percent at Rs 180 against Rs 168 in year-ago period.
However, even advertising revenue is expected to grow 20-25 percent.
Key things to watch out will be outlook on new screen additions, DT Cinema acquisition timeline and rent expense in the wake of higher rent scenario.
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