"The best is behind for the likes of PVR in terms of occupancy because the occupancy in the second quarter was around 32%, which was in line with pre-Covid levels. If you look at Q3, we will see a decline in terms of occupancy because for now, we have not seen any film do well, Tiger 3 has reported an inline performance and Dunki will only come towards the end of December. We have got other films like Animal and a couple of more releases, but I do not see occupancy levels moving beyond 26-27%. "
Big tech companies like Google, Meta, and Snap have reported strong Q3 numbers as ad spends pick up. These companies had previously spoken of reducing their workforce and cutting marketing spends due to the pandemic and geopolitical tensions. However, the latest results show that marketers are being drawn to their platforms, with all three companies surpassing revenue expectations.
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