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    • On track to achieve 40 new openings by FY12 end: PVR

      The company has reduced the average ticket prices to Rs 155 against Rs 167 earlier. PVR's occupancy rate improved in this quarter due to good film flow and its marketing tools to attract more people.

    • 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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