PVR INOX Limited reported robust financial performance in Q3 FY '24, driven by a strong box office recovery post-pandemic. The company continues to focus on improving return on capital employed (ROCE) while expanding its cinema footprint.

Strong recovery with significant growth in box office collections.

Management Tone: Optimistic

Performance Overview

Business Progress

Future Outlook

Financial Highlights
PAT: INR 41 crores (YoY +925%)
EBITDA: INR 226 crores (YoY +2.7%)
Total Revenue: INR 1,569 crores (YoY +6.4%)

Operational Excellence
India's box office collections surpassed pre-pandemic levels.
December 2023 was the highest-grossing month of the year.
Successful releases included 'Animal' and 'Tiger 3'.

Key Achievements
Opened 29 new screens in Q3 FY '24.
Total screens now at 1,712 across 360 cinemas.

Strategic Updates
On track to open 160-170 new screens in FY '24.
Exited 77 underperforming screens to optimize performance.

Future Guidance
Expecting a compelling content lineup in early 2024.
Continued focus on improving ROCE.

Strategic Priorities
Expand cinema presence and optimize screen performance.
Enhance customer experience through diverse film offerings.

Risk Factors
Potential impact of external market conditions on box office performance.