PVR Inox , India's leading multiplex chain, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating strong recovery in the cinema exhibition sector. The company's performance was driven by a diverse slate of successful films across multiple languages and genres.

Record-Breaking Performance

PVR INOX achieved its highest quarterly revenue, EBITDA, and PAT in two years for Q2 ended September 30, 2025. Key highlights include:

Content-Driven Success

The quarter saw a balanced mix of blockbusters and content-driven films contributing to the company's success:

• Hindi films showed strong performance, with 'Saiyaara' grossing nearly ₹400 crore and 'Mahavatar Narsimha' collecting around ₹300 crore.
• Hollywood collections reached ₹500 crore, driven by franchise titles.
• Regional cinema performed well, with the Kannada box office growing over 100% year-on-year.

Operational Metrics

• Average Ticket Price (ATP) grew 2% year-on-year to ₹262.00.
• Food & Beverage Spend Per Head (SPH) was ₹134.00.
• The company added 22 new screens while rationalizing eight, bringing the total screen count to 1,761 across 354 cinemas.

Financial Discipline

PVR INOX continued to focus on financial discipline and deleveraging:

• Net debt decreased to ₹619.00 crore, the lowest since the merger, down ₹333.00 crore from March 2025.
• The company has 132 screens signed under the capital-light model, with 44 screens under FOCO and 88 under the asset-light model.

Management Commentary

Ajay Bijli, Managing Director of PVR INOX, commented on the results: "The momentum built in Q1 has only accelerated in Q2, making H1 one of the most remarkable periods in recent times with robust contributions from Hindi, Hollywood, and regional films. What is especially encouraging is that the performance this year is increasingly looking structural with total India box office growing by 15% year-on-year in H1, driven by a steady and diverse flow of films across languages and scales."

Outlook

The company remains optimistic about the upcoming quarters, supported by a strong and diverse multi-language release slate. With marquee titles like 'Thama', '120 Bahadur', 'Tere Ishk Mein', 'Dhurandhar', 'Avatar: Fire and Ash', 'Raja Saab', 'Alpha', 'Border 2', 'Mardaani 3', 'Love & War', and 'Toxic' on the horizon, PVR INOX is well-positioned to drive robust audience traction and sustained footfalls.

The strong Q2 performance and positive outlook underscore PVR INOX's resilience and ability to capitalize on the recovering cinema exhibition market in India. As the company continues to expand its screen presence and focus on delivering premium entertainment experiences, it remains well-positioned to benefit from the growing demand for out-of-home entertainment options.

PVR INOX , India's largest multiplex chain, has marked its entry into Sikkim with the launch of a cutting-edge 3-screen multiplex at Westpoint Mall in Gangtok. This strategic expansion not only brings world-class cinema to the northeastern state but also strengthens PVR INOX's presence in Tier-II and Tier-III markets.

Key Features of the New Multiplex

Strategic Expansion

The new multiplex is developed under PVR INOX's Franchise-Owned Company-Operated (FOCO) model, in collaboration with Westpoint Infra Pvt. Ltd. This launch is part of a broader expansion strategy, following recent FOCO property openings in Raipur, Jabalpur, and Siliguri.

Milestone Achievement

With this new addition, PVR INOX has expanded its network to:

• 1,764 screens
• 355 properties
• 112 cities across India and Sri Lanka

Executive Insights

Mr. Ajay Bijli, Managing Director of PVR INOX Limited, emphasized the company's commitment to transforming movie-watching experiences across India, stating, "This multiplex is more than just a cinema; it's a place where the latest technology, comfort, and great storytelling come together to celebrate the unique spirit of this beautiful region."

Mr. Sanjeev Kumar Bijli, Executive Director, highlighted the significance of bringing a world-class entertainment venue to Sikkim, known for its breathtaking landscapes and rich culture.

Location and Accessibility

The multiplex is strategically located near MG Marg, Gangtok's main commercial hub, making it easily accessible. Westpoint Mall, which houses the cinema, is a premium shopping and lifestyle destination featuring popular brands such as H&M, Pantaloons, Levi's, Vero Moda, Pizza Hut, and KFC.

This expansion by PVR INOX not only brings a new level of entertainment to Sikkim but also demonstrates the company's commitment to reaching diverse markets across India, blending cutting-edge technology with local flavors to create unique cinematic experiences.