PVR INOX has transformed the historic Lido Cinema at Juhu Tara Road in Santacruz, Mumbai into a versatile and vibrant space while retaining its heritage charm. With this new restoration project, PVR INOX has set a precedent for its commitment to preserve and restore iconic cinemas of the country.The new cinema will augment PVR INOX`s foothold in Mumbai to a total of 25 cinemas across 125 screens and 56 cinemas across 280 screens in Maharashtra. With this opening, PVR INOX consolidates its presence in Western India with a total of 376 screens in 81 properties.Situated close to Mumbai`s Chhatrapati Shivaji International Airport, the cinema has undergone a remarkable makeover, now converted into a three-screen multiplex that has a total of 326 seats. To offer its patrons an unparalleled movie-watching experience, it features state-of-the-art projection and sound technologies including 2K laser projectors, Next Gen 3D and Dolby 7.1 sound. Powered by Capital Market - Live News

PVR INOX announced the launch of its first multiplex at Varam Central Mall in the city of Machilipatnam, Andhra Pradesh. With a seating capacity of 872 guests, this marks PVR INOX Limited`s first establishment in Andhra Pradesh, post the merger.The new multiplex features the latest 3D Freedo light technology for patrons to appreciate the films in stunning detail along with plush and comfortable sliders and recliner chairs for optimized comfort. With other state-of-the-art cinematic technologies like Dolby ATMOS Audio and 2K projectors, the patrons can expect nothing but a superior auditory experience. Another highlight of the cinema is its Next Gen 3D screens for delivering a truly immersive cinema experience.Powered by Capital Market - Live News

The Board of PVR Inox at its meeting held on 30 May 2024 has approved appointment of Gaurav Sharma as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from 1 August 2024.Powered by Capital Market - Live News

PVR Inox announced the opening of its luxury cinema at Urban Square Mall in Udaipur, Rajasthan. At six screens, this is the largest multiplex in the city with a seating capacity of 1009 seat. The newly opened 6-screen property features the first INSIGNIA cinema format in the city, making it the first luxury cinema destination in Udaipur.This cinema launch will augment PVR INOX Limited`s foothold in Udaipur with 14 screens in 3 cinemas and the state of Rajasthan with 82 screens in 21 cinemas. The company consolidates its presence in West India to a total of 373 screens in 80 properties.Powered by Capital Market - Live News

Net Loss of PVR Inox reported to Rs 129.50 crore in the quarter ended March 2024 as against net loss of Rs 333.40 crore during the previous quarter ended March 2023. Sales rose 9.90% to Rs 1256.40 crore in the quarter ended March 2024 as against Rs 1143.20 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 32.00 crore in the year ended March 2024 as against net loss of Rs 335.10 crore during the previous year ended March 2023. Sales rose 62.83% to Rs 6107.10 crore in the year ended March 2024 as against Rs 3750.60 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1256.401143.20 10 6107.103750.60 63 OPM %22.1623.08 -29.6427.93 - PBDT127.6097.00 32 1175.40555.10 112 PBT-175.20-199.20 12 -43.90-198.20 78 NP-129.50-333.40 61 -32.00-335.10 90 Powered by Capital Market - Live News