The dine-in concept at M5 ECity Mall is built around the idea that cinema should be more than a film and it should be a complete evening of entertainment, food, and comfort, it added.
"Final Destination: Bloodlines" has proven a major success in Indian cinemas, particularly at PVR INOX. The film is resonating with audiences, bringing back the signature fear for long-time fans and introducing it to a new generation.
With a blockbuster content line up and a predicted 180 million footfalls, PVR INOX sees advertisers from all industries flocking to cinemas as the most immersive and effective advertising medium.
Kamal Gianchandani, Chief Business Planning & Strategy at PVR INOX Limited, discussed the company’s special promotional initiative ahead of the release of SKYFORCE. With over 18 years of industry experience, his strategy emphasizes enhancing the cinematic experience and adopting innovative approaches to better engage audiences.
The company's revenue from F&B sales grew 21 percent in FY24, higher than the sales from movie tickets, which registered a 19 percent growth in the last financial year.
The top multiplex chain has launched a seven-screen premium property in Pune as the company expands its luxury portfolio, which accounts 14-15 percent of PVR Inox's total screen count. Bijli said that India is a disparate market with a wide range of movie going audience and their aim is to be both affordable and aspirational. However, the exhibition industry is facing a dry spell in terms of content releases currently affecting both single screens and multiplex industry.
PVR Inox has revolutionized the cinema experience by offering ad-free movies, reminiscent of streaming platforms. This move aims to address the dwindling number of moviegoers by trimming pre-movie advertisements from 35 to just 10 minutes, thereby facilitating more screenings and attracting a larger audience. Moreover, patrons can now enjoy uninterrupted viewing even during intervals, with only trailers of upcoming movies being showcased. This ad-free offering is accessible exclusively in PVR Inox's premium formats, such as Director's Cut and Insignia, promising a refined cinematic journey for enthusiasts.
Unnikrishnan said that there was an ongoing dispute between PVR and the film producer's association on the issue of virtual print fee (VPF) charged by the multiplex company.
The property at Basant Lok Complex, Vasant Vihar, will feature a next generation laser projection and multi-channel sound system exclusive to IMAX theatres for a truly immersive experience.
PVR Inox Ltd launched a new standalone IMAX with Laser in Priya Cinema at Basant lok. PVR INOX has completely revamped the Priya Cinema into a more comprehensive lifestyle destination. We attended the launch of this IMAX. Ayushmann Khurrana also attended the launch & promoted his upcoming film Dream Girl 2. But what’s so special in IMAX screens with laser? Let’s find out
A viral tweet on the high price of snacks at PVR Noida resonated with a large section of movie-goers who slammed multiplexes for the pricing.
Tridip K Mandal, the creative head at The Quint, took to Twitter to share a picture of the bill that he got after buying snacks at PVR cinemas in Noida.
Bijli said the commercial success of Japanese anime film "Suzume" inspired them to look beyond English titles and experiment with the kind of movies they want to distribute in India through PVR INOX Pictures, the motion picture arm of PVR INOX Limited.
Pharma appears to be a beneficiary of a trend where investors are now scouring for value in sectors that have been overlooked so far.
Margins and occupancy will take time to stabilise because of the increasing popularity of OTT platforms
After experiencing a threefold increase in losses in Q4, PVR-Inox has announced its decision to shut down 50 screens across the country within the next six months. The company has also put its expansion plans on hold, citing the screens' unprofitability or their location in malls that have reached the end of their life cycle. Consequently, reviving these screens was deemed unfeasible. However, the entertainment industry as a whole continues to face challenges, with multiplex owners struggling to attract sufficient occupancy post-COVID. Furthermore, the industry has witnessed a decline in the number of Hollywood releases, while the demand for OTT platforms has increased, altering movie-goers' preferences.
Indian markets slipped in trade despite favourable domestic inflation data and persistent foreign institutional buying in equities. Nifty dipped below the 18,300 mark intraday. Nandita Khemka & Yatin Mota discuss the newsmakers on their radar including PVR.
Will bank nifty scale fresh highs in the trading session today? Bharti Airtel, PvR Inox, Coromandel and Berger Paints are on the earnings radar. Catch @onlynickey in conversation with Sudeep Shah-Deputy Vice President - Head - the Technical & Derivatives Research Desk with SBI Securities and Hemang Jani, Group Senior Vice President at Motilal Oswal Financial Services Ltd
Nifty conquers the 18,400 mark to hit a five-month high, while the Nifty Bank notches a record close. Are the markets poised to hit fresh highs soon? Meanwhile, autos have hit the fast lane with major carmakers reporting stellar set of numbers for the fourth quarter. How should one play auto stocks post earnings. Moneycontrol Pro’s Nitin Agrawal shares some insights. We discuss the market setup and stocks like PVR Inox, Berger Paints & Coromandel International with Milan Vaishnav, Gemstone Equity Research. Watch!
Brokerage firm Elara Securities has suggested a reduced rating for PVR Ltd and has set a target price of Rs 1510 per share from the current market price.
India’s anime fan base is dead serious, and both Shinkai and his India distributor PVR Pictures know
FIIs are now 83 percent net short on index futures, but the massive short-covering that bulls are counting on, has turned out to be elusive so far
Analysts have a consensus target price of 2,022 on the stock, which indicates a 31 percent upside from the current levels
In this episode of Market Minutes, Shailaja Mohapatra talks about one full year of interest rate hiking cycle by the US Federal Reserve. PVR, Rail Vikas Nigam Limited and Sunil Singhania-backed Dynamatic Technologies are some stocks to watch out for. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.
Warburg Pincus, through its affiliate Berry Creek Investment Ltd, sold the shares in PVR.