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.

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:

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.