Key Highlights
- PVR INOX posts highest quarterly revenue, EBITDA, and PAT in two years at ₹1,843.2 crore, ₹327.3 crore, and ₹126.5 crore respectively
- Admissions rise 15 percent year-on-year to 44.5 million
- Average ticket price at ₹262 and Food and beverages spend per head at ₹134
- Ad income up 15 percent year-on-year to ₹125.6 crore
- Net debt reduces 57 percent since merger to ₹618.8 crore
- Company operates 1,761 screens across 111 cities in India
PVR INOX Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2025, reporting its strongest performance in the last two years. The company achieved consolidated revenue of ₹1,843.2 crore, EBITDA of ₹327.3 crore, and profit after tax of ₹126.5 crore for Q2 FY26, reflecting a significant recovery in operational and financial metrics.
For the first half of FY26, total revenue stood at ₹3,331.1 crore, with EBITDA of ₹441.4 crore and PAT of ₹92.9 crore. Admissions during H1 FY26 reached 78.5 million, representing a 13 percent year-on-year growth, driven by strong content performance across multiple languages and genres.
The Indian box office witnessed robust growth in the first half of FY26, expanding 15 percent year-on-year, supported by a steady stream of Hindi, Hollywood, and regional releases. Hindi cinema rebounded strongly with hits like Saiyaara (₹400 crore) and Mahavatar Narsimha (₹300 crore+), alongside War 2 and Jolly LLB 3, contributing to consistent footfalls and audience engagement.
Hollywood films added to the momentum, contributing over ₹500 crore to industry collections in Q2, driven by popular franchises such as Jurassic World, The Conjuring, Superman, Demon Slayer, and Fantastic Four. Regional cinema also recorded strong double-digit growth, led by Kannada’s Su from So, Malayalam’s Lokah: Chapter 1, and Tamil and Telugu titles like Coolie, They Call Him OG, and Mirai.
During the quarter, the company added 22 new screens and exited 8, following its capital-light expansion approach. PVR INOX now operates 132 screens under this model, comprising 44 FOCO and 88 Asset-Light locations.
Strong operating cash flows and lower capital expenditure supported debt reduction. Net debt stood at ₹618.8 crore as of September 30, 2025 the lowest level since the merger marking a 57 percent decline from the merger period and a ₹333.4 crore reduction since March 2025.