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  • Expect to see 20% higher revenues in FY12: PVR

    The much awaited Don 2 released today and PVR expects 80% occupancy rates for the movie in the first week. Pramod Arora, president and chief executive officer, PVR in an interview to CNBC-TV18 said,"We haven’t hiked the ticket prices, but for the weekend it seems like we are doing 100% occupancy,"

  • PVR eyes 22-25% EBITDA margin, 45-55 screens for FY12

    PVR eyes 22-25% EBITDA margin, 45-55 screens for FY12

    PVR Ltd is eyeing EBITDA margin of 22-25% for FY12, with capex of45-55 screens by year end.

  • PVR focuses to roll out exhibition business across country

    PVR focuses to roll out exhibition business across country

    PVR Limited acquired remaining 40% stake from JPMorgan and India Advantage Fund of PVR Pictures. In an interview with CNBC-TV18, Nitin Sood, CFO of PVR said that they paid a total of Rs 60 crore to complete the buyout. Sood explained that the company’s main focus is to roll out the exhibition projects across the country.

  • Showtime for PVR; sees 30% hike in exhibition business

    Showtime for PVR; sees 30% hike in exhibition business

    In an exclusive interview with CNBC-TV18, Ajjay Bijli, chairman and managing director of PVR says cash flows of the company will improve on back of phoenix mills transaction. “Our exhibition business did a profit of about Rs 20 crore,” he says. He further says that the losses incurred were on account of the loss made by PVR pictures.

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