PVR Inox Registers Rs 187 Crore Profit in Q4, Thanks to Dhurandhar's Leadership

PVR INOX Continues Strong Run with Rs 187 Crore Profit in Q4 FY26

PVR INOX, a leading multiplex chain, has posted a profit of Rs 187 crore in the March quarter of FY26, continuing its strong run from the previous quarter. This achievement marks a significant turnaround from the same period last year, when the company reported a consolidated net loss of Rs 125 crore due to an uneven release calendar and underperformance of Bollywood and Hollywood films.

The box office revenue of PVR INOX declined by 9% in the corresponding quarter of the previous financial year, with Hindi box office collections dropping 26%. This decline was primarily due to a 14% reduction in film releases, the absence of major superstar-led titles, and multiple postponements. However, the company's performance was boosted by the strong performance of Hindi films, particularly the Ranveer Singh-starrer Dhurandhar, which led to a box office growth in Q4 FY26.

The quarter recorded the highest-ever fourth-quarter collections for PVR INOX, supported by titles including Dhurandhar – The Revenge, Border 2, and Project Hail Mary, among others. The company's revenue grew by 25.8%, from Rs 1,230 crore in Q4 FY25 to Rs 1,547 crore in Q4 FY26.

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PVR Inox shares traded lower at 4.3 percent at Rs 1,025 apiece in the afternoon. However, the company's management is optimistic about its performance, citing FY26 as the strongest year in the industry's history, with total collections rising 11% to Rs 13,519 crore.

The resurgence of original Hindi cinema was a standout trend in FY26, with Bollywood collections growing 55% year-on-year, delivering its best year ever. English cinema also had a strong year, growing 54% on a robust Hollywood slate. Another positive trend was the solid comeback of mid-scale films grossing Rs 100-200 crores, which saw its share rising from 12% to 20%.

The company's management believes that FY26 represented a structural inflection for PVR INOX, with a strong content slate ahead, a capital-light expansion strategy, and a significantly strengthened balance sheet. With a focus on delighting consumers, driving footfalls through innovation, and creating enduring value for shareholders, the company is entering its next phase of sustainable growth.

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