PVR INOX Reports Mixed Q2 FY26 Results with Standalone Loss but Consolidated Profit

PVR Inox , India's leading multiplex chain, has reported mixed financial results for the second quarter of fiscal year 2026, with a standalone loss but consolidated profit.

Financial Highlights

The company's financial results for Q2 FY26 reveal a mixed performance:

Metric	Q2 FY26	Q2 FY25	YoY Change
Standalone Revenue	15,327.00	13,729.00	+11.6%
Standalone Net Profit/(Loss)	(512.00)	527.00	Turned to Loss
Consolidated Revenue	Not provided	Not provided	Not available
Consolidated Net Profit	540.00	517.00	+4.4%

Revenue Growth and Profitability

PVR INOX witnessed an increase in standalone revenue, which rose to ₹15,327.00 million from ₹13,729.00 million in the corresponding quarter of the previous year, representing an 11.6% year-over-year growth. However, the company reported a standalone net loss of ₹512.00 million for Q2 FY26, compared to a profit of ₹527.00 million in Q2 FY25.

On a consolidated basis, the company showed improved performance with a Q2 net profit of ₹540.00 million compared to ₹517.00 million in Q2 FY25, indicating a 4.4% increase.

Half-Year Performance

For the six-month period ended September 30, 2025:

Standalone revenue grew to ₹31,306.00 million from ₹26,700.00 million year-over-year.
The company posted a standalone net loss of ₹1,886.00 million versus a profit of ₹1,039.00 million in the previous year.
Consolidated revenue increased to ₹33,604.00 million from ₹28,833.00 million.

Corporate Governance

The results were reviewed by the Audit Committee and approved by the Board of Directors. The company's trading window will reopen from October 20, 2025.

Conclusion

PVR INOX's Q2 FY26 results present a mixed picture, with growth in revenue but challenges in standalone profitability. The consolidated profit, however, shows resilience in the overall business. The company's performance in the coming quarters will be crucial to assess its long-term trajectory in the Indian multiplex industry.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.50%	+0.24%	-3.75%	+13.58%	-32.13%	-25.10%

PVR INOX Limited , India's largest multiplex chain, has strengthened its presence in Siliguri with the launch of a state-of-the-art 4-screen multiplex at ML Acropolis Mall. This expansion marks a significant milestone in the company's growth strategy, particularly in the Eastern India market.

Cutting-Edge Technology and Luxurious Amenities

The new multiplex, developed under PVR INOX's successful FOCO (Franchise Owned, Company Operated) model, boasts an array of advanced features:

Feature	Details
Total Screens	4
Seating Capacity	931
Plush Sliders	824
Luxury Recliners	107
Total Area	25,780 sq. ft.
Projection Technology	1 auditorium with 4K Laser Projection, 3 with 2K Laser Projection
Sound Systems	2 auditoriums with Dolby Atmos, 2 with Dolby 7.1 Surround Sound
3D Technology	Next-Gen 3D

Strategic Location and Market Expansion

The new multiplex is strategically positioned on Sevoke Road, a key arterial route connecting Siliguri to popular Himalayan destinations. Its location in ML Acropolis Mall places it at the heart of Siliguri's commercial and residential hub, surrounded by popular retail brands and just 17 km from Siliguri Airport.

This launch expands PVR INOX's presence in Siliguri to:

3 cinemas
12 screens total in the city

Network Growth

With this addition, PVR INOX's network now stands at:

1,761 screens
354 properties
111 cities across India and Sri Lanka

Management Perspective

Mr. Ajay Bijli, Managing Director of PVR INOX Limited, emphasized the company's commitment to delivering world-class entertainment experiences, stating, "The city has always shown an appetite for high-quality cinema experiences, and this new property developed under our FOCO model reflects our commitment to expanding our footprint while ensuring every guest enjoys comfort, technology, and design excellence."

Mr. Sanjeev Kumar Bijli, Executive Director, highlighted Siliguri's importance in PVR INOX's East India growth strategy, noting that this expansion allows them to bring premium cinematic experiences to more audiences while consolidating their leadership in the region.

Innovative Design and Customer Experience

The multiplex features uniquely designed auditoriums, each with a distinct color palette—Blue, Olive, Mocha, and Pink—enhancing the visual aesthetics. The Celebrity Recliners offer premium comfort with leatherette upholstery, USB charging ports, and motorized reclining mechanisms.

The foyer is designed to be welcoming and functional, with smooth circulation between ticketing, concessions, and waiting areas. An extensive food menu and premium washroom facilities further elevate the overall customer experience.

This launch follows recent FOCO property openings in Raipur and Jabalpur, underscoring PVR INOX's strategic focus on expanding through the FOCO model across emerging Tier-II and Tier-III markets.

As PVR INOX continues to innovate and expand, it remains committed to transforming the out-of-home entertainment landscape in India, offering a diverse range of cinema services and premium experiences to moviegoers across the country.