PVR Inox Q4 Results: Loss narrows to Rs 125 crore; stock jumps over 5% on improved operational metrics

PVR Inox reported a narrowing of net loss in Q4 FY25 to Rs 125 crore, compared to Rs 129.5 crore in the same quarter last year. Despite a weak content slate and drop in footfalls, the exhibitor posted resilient operational performance, which led to a sharp rise in its stock price—up over 5 per cent in early trade on Monday to Rs 960.40 on the BSE.

Revenue slips marginally, but operating profit improves

The company’s consolidated revenue from operations for the January-March quarter stood at Rs 1,249.8 crore, down 0.5 per cent year-on-year from Rs 1,256.4 crore. The decline was attributed to inconsistent box office releases, both in Bollywood and Hollywood, with the absence of major blockbuster titles.

Despite the muted topline, EBITDA rose 1.5 per cent to Rs 283.3 crore from Rs 279.2 crore, while margins improved to 22.7 per cent from 22.2 per cent a year agoreflecting efficient cost controls and operational optimisation.

FY25 review: Revenue dips, losses widen

For the full financial year, PVR Inox reported a consolidated revenue of Rs 5,779.9 crore, down from Rs 6,107.1 crore in FY24. Net loss widened to Rs 279.6 crore from Rs 32 crore last year, owing to a weak release calendar and higher fixed costs post-merger.

Average ticket price (ATP) for Q4 FY25 was Rs 258, while spend per head (SPH) on food and beverages stood at Rs 125.

Future outlook: FY26 expected to be blockbuster

PVR Inox said FY25 was a year of transformation, but FY26 holds promise with a stronger lineup across Bollywood, Hollywood, and regional cinema. The company currently operates 1,743 screens across 352 properties in 111 cities in India and Sri Lanka.

It also reduced net debt significantly by Rs 478 crore over the last two years—to Rs 952 crore as of March 31, 2025.

PVR Inox remains optimistic about a high-octane FY26 as film production picks up pace and content pipelines stabilise.