PVR Inox posts record Q2 revenue as Indian box office crosses Rs 4,000 crore mark

PVR Inox Limited has reported its highest-ever quarterly revenue, EBITDA and profit after tax for the quarter ended September 30, 2026.

Financial Growth

For the second quarter of financial year 2027, the cinema chain posted revenue of Rs 21,327 million on an Ind AS 116-adjusted basis. Adjusted EBITDA rose 44 percent to Rs 4,752 million, while profit after tax climbed 111 percent to Rs 2,733 million compared to the same period last year. The company welcomed 46.3 million patrons, with average ticket prices and food and beverage spending both increasing by 14 percent.

Box Office Surge

India's gross box office collections reached Rs 4,443 crore in the quarter, marking the first time collections crossed Rs 4,000 crore in a single quarter. English-language films saw collections jump 87 percent to Rs 1,024 crore, led by Spider-Man: Brand New Day, which collected Rs 608 crore. Hindi and regional films both recorded 12 percent growth.

Expansion Plans

PVR Inox generated Rs 6,035 million in free cash flow, repaid Rs 2,586 million in debt, and completed a Rs 3,000 million share buyback. Managing Director Ajay Bijli noted that margins sit well above pre-COVID levels. The company operates 1,797 screens across 114 cities and plans to add 90 to 100 screens in the current financial year.

Context

Strong theatrical slates and higher consumer spending continue to drive recovery and expansion within the Indian entertainment sector. Cinema chains are increasingly targeting smaller Tier III and Tier IV markets with compact formats to capture new audiences outside major metro cities.