PVR Inox swings to profit of ₹187 crore vs YoY loss, revenue climbs 26%

It had posted a net profit of ₹125 crore for the January-March period a year ago, according to a regulatory filing from the company.

Its revenue from operations rose 25.80% to ₹1,547.30 crore in the March quarter of FY26. It was at ₹1,229.9 crore in the corresponding period a year ago.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) advanced 56.12% to ₹452 crore in the quarter under review, compared to ₹289 crore a year back. The EBITDA margin stood at 29.20% vs 23.53%.

In an exchange filing, the company said that its average ticket price (ATP) stood at ₹315 per perso in Q4, a growth of 22% year-on-year. The average F&B spend per head was at ₹165, a YoY growth of 32%.

In the quarter, PVR Inox added 31 new screen openings across 5 cinemas, including 4 screens in 1 cinema under the FOCO model and 18 screens in 3 cinemas under the asset-light model.

As of March 2026, the multiplex chain runs 359 cinemas with 1,798 screens across 113 cities.

Commenting on the results, Ajay Bijli, Managing Director, PVR INOX, said, "FY'26 represented a structural inflection for PVR INOX. With a strong content slate ahead, a capital-light expansion strategy and a significantly strengthened balance sheet, we believe the company is entering its next phase of sustainable growth. Our focus remains on delighting consumers, driving footfalls through innovation, and creating enduring value for our shareholders."

Q4 FY2026 posted the highest-ever fourth-quarter collections, backed by titles including Dhurandhar – The Revenge, Border 2, and Project Hail Mary, among others.

During the quarter under review, the firm recorded 31 million admissions (YoY growth of 2%). This was a 27% increase in ticket sales, a 33% rise in food & beverage sales, and a 15% surge in advertisement income compared to the same period last year.

The stock was trading 4.13% lower at ₹1,029.40 apiece on the NSE at 2:25 pm.