PVR Inox Share Price | The 14-screen Megaplex located in the largest and one of the most premium malls in Bengaluru features three premium formats – MX4D, ScreenX, and Insignia.
With this launch, PVR INOX has 257 screens in 54 properties in Maharashtra and 350 screens across 79 properties in the West, according to a company release.
PVR Inox reported a 20% decline in consolidated profit after tax (PAT) at 12.8 crore in Q3 FY24. Revenue from operations increased 64% YoY to 1,546 crore. The company recorded 36.5 mn admissions with an average ticket price of 271 rupees. PVR Inox continued its growth momentum with 29 new screen openings in the quarter, reducing net debt by 210 crore.
The media reports around the Prabhas-led commercial actioner's release noted that the multiplex chains are prefering to release Shah Rukh Khan's Dunki over Salaar.
Plenty Private Equity fund through its affiliate has sold 2.1% stake in leading multiplex chain PVR Inox through a bulk deal. In a separate deal, Multiples Private Equity fund has sold 1.99 lakh shares at Rs 1,753 in the company.