PVR Inox reported a consolidated net profit of ₹565 million for the first quarter ended June 30, 2026, marking a significant turnaround from a net loss of ₹545 million in the corresponding period of the previous year. The profitability shift was driven by an 8% year-on-year increase in admissions to 36.6 million and an 8% rise in Average Ticket Price (ATP) to ₹273. This operational improvement, combined with higher Food & Beverage sales, pushed revenue from operations to ₹16,222 million from ₹14,496 million. The results signal strengthening consumer demand and effective pricing power for the cinema operator.

The Board of Directors approved the unaudited standalone and consolidated financial results on July 23, 2026, pursuant to Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. S.R. Batliboi & Co. LLP, the Statutory Auditors, issued an unmodified limited review report on the financial statements. The Audit Committee reviewed the results prior to board approval. Standalone net profit stood at ₹516 million, up from a loss of ₹512 million in Q1FY26.

Financial Performance

Profit before exceptional items and tax improved to ₹757 million from a loss of ₹632 million in Q1FY26. Total income for the quarter was ₹16,483 million compared to ₹14,817 million in the prior year. Total expenses increased to ₹15,727 million from ₹15,448 million, reflecting higher operational activity. The company recorded a profit before tax of ₹757 million, against which total tax expense amounted to ₹192 million.

Key financial metrics for the quarter are detailed below:

Operational Highlights

The company recorded 36.6 million admissions during the quarter, representing an 8% year-on-year growth. The Average Ticket Price (ATP) increased by 8% to ₹273, while the Average F&B Spend per Head (SPH) rose by 9% to ₹161. These metrics contributed to a 16% increase in ticket sales and a 17% rise in Food & Beverage sales compared to the same period last year. As on June 30, 2026, PVR Inox operates 1,779 screens across 113 cities in India and Sri Lanka.

Board and Governance Changes

The Board appointed Mr. Shuva Mandal as an Additional Director designated as Independent Director for five years commencing July 23, 2026, subject to shareholder approval. Concurrently, Mr. Dinesh Hasmukhrai Kanabar resigned as Independent Director effective July 24, 2026, to rationalise professional commitments. The Board reconstituted the Audit Committee, appointing Mr. Vishesh Chander Chandiok as Chairperson, and the Nomination and Remuneration Committee to facilitate the transition. Mr. Mandal was inducted into both committees.

Outlook and Expansion

Management highlighted a strong content pipeline for the remainder of FY27, featuring franchise films and star-led tentpoles. The company remains on track to open 90–100 new screens during FY27, weighted towards asset-light formats. Trading window restrictions will be lifted from July 26, 2026.

Promoters of PVR Inox have declared that no encumbrance was created on the shares held by them during the financial year ended March 31, 2026. The disclosure, submitted on April 10, 2026, confirms that the promoters and persons acting in concert have not directly or indirectly pledged any shares. This compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, provides assurance regarding the unencumbered status of the promoter holdings.

The declarations were addressed to the Audit Committee of PVR Inox Limited. Individual promoters Pavan Kumar Jain and Siddharth Jain confirmed that they, along with persons acting in concert, maintained their shareholdings without creating any encumbrance throughout FY26. Nayantara Jain, a member of the Promoter Group, also submitted a similar declaration confirming the status of her holdings.

Corporate entities within the promoter group also filed confirmations regarding their shareholdings. GFL Limited and INOX Infrastructure Limited, both identified as promoters of PVR Inox, declared that they had not created any encumbrance on the shares held by them or by persons acting in concert during the financial year. The filings were signed by authorized representatives, including the Company Secretary & Compliance Officer for GFL Limited.

The following table details the entities that submitted the declarations:

The declarations were digitally signed on April 10, 2026, and submitted to the stock exchanges. The confirmations cover the entire financial year ended March 31, 2026.