Moneycontrol PRO
Loans
HomeNewsPvrinox
Jump to
  • PVR Cinemas' Nitin Sood says most landlords waived rents; costs down 75%

    PVR CFO Nitin Sood said further cost reductions were not possible, but there was enough liquidity on the company’s balance sheet for now

  • Merger with IDFC Bank gives Capital First another opportunity to grow: Warburg Pincus

    Merger with IDFC Bank gives Capital First another opportunity to grow: Warburg Pincus

    Warburg Pincus, the single largest shareholder in Capital First speaks exclusively to CNBC-TV18 for the first time post the IDFC Bank merger announcement. Charles Kaye, Co-CEO and Vishal Mahadevia, Head-India of Warburg Pincus told Nisha Poddar that they have no plans to exit the merged bank.

  • Don't think there will be a reduction in movie-screen footfalls: Renuka Ramnath

    Don't think there will be a reduction in movie-screen footfalls: Renuka Ramnath

    In an interview with CNBC-TV18, Renuka Ramnath, Founder & CEO of Multiples Alternate AMC, one of the early investors into PVR, spoke about the latest happenings in the company and sector. Multiples sold some stake in PVR last year but they still hold 14 percent in the company.

  • Will close FY18 with footfalls of around 75-80m, expect 100m footfalls in FY19: PVR

    Will close FY18 with footfalls of around 75-80m, expect 100m footfalls in FY19: PVR

    In an interview with CNBC-TV18, Ajay Bijli, CMD of PVR spoke about the latest happenings in his company and sector. He was speaking from the side-lines of the Kotak Institutional Equities - Chasing Growth Conference.

  • Hoping for better Q4; film lineup is very good, says PVR

    Hoping for better Q4; film lineup is very good, says PVR

    PVR has come out with its third quarter numbers. In an interview to CNBC-TV18, Nitin Sood, CFO of PVR discussed the company's Q3 performance.

  • Response to the release of 'Tiger Zinda Hai' is fantastic: PVR

    Response to the release of 'Tiger Zinda Hai' is fantastic: PVR

    The sequel of 2012's Ek Tha Tiger hits theatres today. Tiger Zinda Hai releases with some power-packed chases and action sequences and definitely the swag-filled songs! In an interview with CNBC-TV18, Kamal Gianchandani, CEO-PVR Pictures and Chief of Strategy, PVR Limited discussed more about it.

  • Will open 80-90 screens per year organically; inorganic options also on table: PVR

    Will open 80-90 screens per year organically; inorganic options also on table: PVR

    PVR received the award for exhibitor of the year by CineAsia. CNBC-TV18's Jude Sannith caught up with Ajay Bijli, CMD of PVR on the sidelines of these awards and asked him about their timeline on screen additions and their outlook for FY18.

  • Expect bounce back in Q3 revenues, a few big films scheduled: PVR

    Expect bounce back in Q3 revenues, a few big films scheduled: PVR

    PVR posted a good set of earnings in Q2 as EBITDA and profit after tax beat estimates. In an interview to CNBC-TV18, Nitin Sood, CFO of PVR spoke about the results and his outlook for the company.

  • PVR launches loyalty program to improve customer stickiness

    PVR launches loyalty program to improve customer stickiness

    PVR has launched PVR Privilege, a loyalty program to improve customer stickiness and drive up footfalls.

  • Expecting 18-20% ad growth in FY18: PVR

    Expecting 18-20% ad growth in FY18: PVR

    Motilal Oswal's 13th Annual Global Investor Conference kicks off today. Over 150+ leading corporates are attending it. In an interview to CNBC-TV18, Nitin Sood, CFO of PVR spoke about the latest happenings in his company and sector from the side-lines of the conference.

  • GST rates on movie tickets: Here's how industry is looking at it

    GST rates on movie tickets: Here's how industry is looking at it

    The goods and services tax (GST) rates on certain items including movie tickets costing up to Rs 100 have been lowered to 18 percent versus 28 percent proposed earlier. Tickets above Rs 100 will continue to attract 28 percent.

  • Expect 8-10% growth in ad revenues going ahead: PVR Cinemas

    Expect 8-10% growth in ad revenues going ahead: PVR Cinemas

    PVR Cinemas has signed a deal with IMAX for five additional screens. Installing these five additional IMAX screens will cost the company close to about Rs 10-10.5 crore per screen. So the total cost will be about Rs 50-55 crore, he told CNBC-TV18.

  • Aim to build organically, expand network to tier III, IV cities : PVR

    Aim to build organically, expand network to tier III, IV cities : PVR

    "Long-term focus is to build organically and expand our network beyond big cities to look at tier III and tier IV", Nitin Sood, CFO of PVR told CNBC-TV18.

  • Demonetisation to hit multiplexes; broadcast not hit much: IDFC

    Demonetisation to hit multiplexes; broadcast not hit much: IDFC

    Rohit Dokania, Ananlyst – Media & Entertainment of IDFC Securities says that the third quarter may not be great for multiplexes due to demonetisation.

  • PVR to benefit from strong movie pipeline in H2FY17: Ajay Bijli

    PVR to benefit from strong movie pipeline in H2FY17: Ajay Bijli

    Owing to a strong pipeline of movies and screen additions, PVR should post healthy earnings for the remaining quarters of FY17, says Chairman and Managing Director Ajay Bijli.

  • PVR eyes 4-5% growth in ticket prices for this fiscal year

    PVR eyes 4-5% growth in ticket prices for this fiscal year

    Revenue growth during the first quarter has been aided by 6-7 percent growth in average ticket price to Rs 193, said PVR CFO Nitin Sood in an interview to CNBC-TV18.

  • PVR hopes to add Rs 200 crore revenues from DT Cinemas buy

    PVR hopes to add Rs 200 crore revenues from DT Cinemas buy

    The multiplex leader is looking to add EBITDA of Rs 40-50 crore post DT Cinemas' acquisition, say PVR promotors Ajaj and Sanjeev Bijli.

  • PVR deal a step towards creating pure-play real estate co: DLF

    PVR deal a step towards creating pure-play real estate co: DLF

    Speaking to CNBC-TV18, Saurabh Chawla, Senior ED Finance at DLF said this is a year- old transaction which DLF sees as a step forward to create a pure play real estate entity.

  • See double digit growth in F&B biz and ad revenue for FY17: PVR

    See double digit growth in F&B biz and ad revenue for FY17: PVR

    PVR will cross 600 screens in the coming year, apart from DT Cinema, says Nitin Sood CFO of the company.

  • Tax expenses, Bonus Act weighed on Q3 earnings: PVR

    Tax expenses, Bonus Act weighed on Q3 earnings: PVR

    In an interview to CNBC-TV18, Ajay Bijli, Chairman & Managing Director of PVR says that tax expenses like new bonus act and entertainment tax restricted growth in the quarter ended December 2015.

  • Awaiting CCI nod for DT Cinemas-PVR Rs 500cr deal: DLF

    Awaiting CCI nod for DT Cinemas-PVR Rs 500cr deal: DLF

    DLF Group CEO Ashok Tyagi says the company still has a substantial unsold inventory and the market is still weak for existing and new launches.

  • Resolving cases of alleged anti-competitive practices: CCI

    Resolving cases of alleged anti-competitive practices: CCI

    On the matter of search engine Google's alleged anti-competitive practices, Ashok Chawla, Chairman, Competition Commission of India (CCI) said that it will take quite “some time” before there is any finality on the matter.

  • Star Wars, Spectre, Tamasha to make Q3 profitable: PVR

    Star Wars, Spectre, Tamasha to make Q3 profitable: PVR

    “Big Hollywood films like Spectre, Star Wars, Ranbir Kapoor's Tamasha, Dilwale, Bajirao Mastani and Salman Khan's movie coming on Diwali--Prem Ratan Dhan Payo—will be a temporary blip in the F&B income,” Ajay Bijli, CMD of PVR says.

  • Festivals, big releases, F&B biz to aid Q3 results: PVR

    Festivals, big releases, F&B biz to aid Q3 results: PVR

    With Hollywood‘s two big movies-- Spectre and Star Wars-- releasing with those of Salman Khan, Shahruk Khan, Ranbir Kapoor and Shahid Kapoor‘s, the year looks promising, says Nitin Sood, CFO of PVR.

  • Bahubali, Bajrangi to add muscle to Q2 earnings: PVR

    Bahubali, Bajrangi to add muscle to Q2 earnings: PVR

    While, Indian Premier League (IPL) and examination season might drag the fourth quarter a bit but with blockbuster releases like Bajrangi Bhaijaan, Brothers, Bahubali, revured occupancy and other Sanjay Leela Bhansali and Shahrukh Khan films make second quarter look equally promising, says Ajay Bijli, Chairman and Managing Director, PVR.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347