On a consolidated basis, the net profit of PVR was Rs 16.15 crore in the October-December quarter of FY23, compared with a net loss of Rs 10.18 crore in the October-December quarter of FY22.

Net sales jumped 53.2% to Rs 940.69 crore in the October-December quarter of FY23 as against Rs 614.15 crore in the October-December quarter of FY22. Profit before tax stood at Rs 26.15 crore in the October-December quarter of FY23 compared to a pre-tax loss of Rs 19.22 crore in the October-December quarter of FY22. EBITDA increased by 18.54% to Rs 308.8 crore in the October-December quarter of FY23 compared to Rs 260.5 crore in the October-December quarter of FY22, while the EBITDA margin stood at 32.1% during the quarter.

In the last quarter, PVR added 20 screens across three properties and operated 181 movie theatres and 903 screens in 78 cities.

Among the growth in key operational metrics are admission average ticket price (ATP) and per capita spend (SPH).

To engage in the movie exhibition & production business and to operate the largest cinema circuit in India. The company earns revenue from the sale of movie tickets, in-cinema advertisement displays and the sale of food and beverages and restaurant business.

The scrip declines 1.23% on BSE trade to Rs 1658.