PVR Inox Q4 results: Net loss narrows to ₹125 crore, revenue falls 0.5% YoY; stock price jumps 5%

PVR Inox, the multiplex operator, on Monday reported narrowing of its consolidated net loss during the fourth quarter of FY25. PVR Inox share price jumped over 5% after the announcement of Q4 results today.

PVR Inox reported a consolidated net loss of ₹125 crore in the quarter ended March 2025, narrowing from a loss of ₹129.50 crore in the corresponding quarter of last fiscal year. The company had posted a net profit of ₹35.9 crore in the December 2024 quarter.

The company’s consolidated revenue from operations in Q4FY25 fell 0.5% to ₹1,249.8 crore from ₹1,256.4 crore, year-on-year (YoY).

Average ticket price (ATP) during the quarter was at ₹258, while F&B spend per head (SPH) was at ₹125.

“FY25 was a year of transformation — defined by our renewed focus on innovation and agility. We evolved from being reactive to becoming resilient and emerging as a more agile, future ready organization, laying the groundwork for long-term sustainability and relevance in a rapidly changing entertainment landscape,” said Ajay Bijli, Managing Director, PVR INOX Ltd.

For full financial year 2024-2025, PVR Inox's revenue declined to ₹5,779.9 crore from ₹6,107.1 crore in FY24, while net loss increased to ₹279.6 crore from ₹32 crore, YoY.

“The box office in FY’25 was impacted by an uneven release calendar, marked by inconsistent content availability across quarters. Both Bollywood and Hollywood underperformed, contributing to a 9% decline in the company’s overall gross box office revenue,” PVR Inox said in a release.

Hindi box office collections dropped 26%, primarily due to a 14% reduction in film releases, the absence of major superstar-led titles, and multiple postponements. Hollywood revenues fell by 28%, reflecting the lingering effects of the previous year’s strike and a lackluster tentpole slate, it added.

Operational Highlights

At the operational level, earnings before interest, tax, depreciation and amortization (EBITDA) during the March quarter increased 1.5% to ₹283.3 crore from ₹279.2 crore, while EBITDA margin improved to 22.70% from 22.20%, YoY.

PVR Inox said its current screen portfolio stands at 1,743 screens across 352 cinemas in 111 cities in India and Sri Lanka.

The company reduced its net debt from ₹1,430.4 crore as of March 31, 2023, to ₹952.2 crore as of March 31, 2025 — a substantial reduction of ₹478.2 crore over the past 24 months (post-merger).

“FY26 promises to be a high-octane period for the exhibition industry, supported by a formidable lineup of content across Hollywood, Bollywood, and Regional cinema,” PVR Inox said.

At 1:25 PM, PVR Inox share price was trading 4.34% higher at ₹960.40 apiece on the BSE.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.