PVR INOX Q1 FY27 Result: Revenue Climbs To ₹1,642 Crore

PVR INOX reported a stronger June quarter in FY27 as more people returned to cinemas. Customers also spent more on tickets and food, helping the company post a profit after a loss a year ago.

PVR INOX Q1 FY27 Result: How Did The Company Perform?

The multiplex chain posted ₹1,642.3 crore in revenue, compared with ₹1,468.2 crore in the same quarter last year. Operating performance also strengthened. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA), adjusted for Indian Accounting Standard (AS) 116, came in at ₹229.6 crore, nearly double last year's ₹121.1 crore, while the EBITDA margin expanded to 14% from 8.2%. Profit After Tax (PAT) stood at ₹70.5 crore, against a loss of ₹33.5 crore in Q1 FY26.

• The operating numbers also moved higher.

• Admissions rose to 3.66 crore, up 8% year-on-year.

• Average ticket price increased from ₹254 to ₹273.

• Spend per head reached ₹161, compared with ₹148 a year ago.

• Occupancy improved from 22% to 25.3%.

Ticket sales remained the biggest source of revenue. Income from ticketing grew to ₹837.2 crore, while food and beverage sales rose to ₹557.8 crore.

The PVR INOX share price moved higher by 1.55% to ₹1,008.00 on 23 July 2026, after the Q1 results.

What Led To The Turnaround?

The June quarter had a more balanced content line-up than a year ago. Across the industry, India's gross box office collections rose 20% year-on-year to ₹3,175 crore between April and June. According to the company, regional films contributed a large part of that growth, with Hollywood releases also attracting audiences beyond franchise titles.

Costs were also better controlled. The company spent a smaller portion of its revenue on film hire and the cost of goods sold than it did a year ago. Even with higher employee and utility costs, operating margins improved.

What Is Next For PVR INOX?

PVR INOX had 1,779 screens across 113 cities at the end of June. It plans to open 90 to 100 new screens during FY27, with most of the additions coming through the asset-light model. The southern region is expected to account for the largest share of these new screens.

The company also crossed an important balance-sheet milestone. Cash and cash equivalents stood at ₹631.6 crore, higher than gross debt of ₹550.9 crore as of 30 June 2026. That left PVR INOX with a net cash position of ₹80.7 crore, compared with net debt at the end of FY26.

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