Key Points
Over the past 14 months, the company has entered new cities such as Dharwad (Karnataka), Cuddalore (Tamil Nadu), Machilipatnam (Andhra Pradesh), and Patna (Bihar)...
Gaurav Sharma, CFO, PVR INOX, said, The company believes that India remains significantly under-screened, offering vast growth potential..
That is why PVR INOX is actively expanding into Tier II and Tier III cities, particularly in South India, where the market is highly vibrant...
Gaurav Sharma, CFO, PVR INOX, said, PVR INOX is primarily a multiplex operator, with only 10 of our 356 cinemas being single screens..
Currently, the companys F&B spending per head is around 50% of the average ticket price, and this ratio has consistently increased over the past decade due to the demand for a wider range of products from rising disposable incomes...
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