As of Q3FY25, the company's overall screen portfolio includes 1,747 screens in 356 cinemas across 111 cities in India and Sri Lanka.
It costs the cinema major ₹400 crore in capital expenditure to open 100-120 screens.
These expansion plans come a year after PVR Cinemas completed its merger with the then-second-largest film exhibitor, INOX Leisure.
"In the southern market, regional films have done very well and there is a great line-up of southern movies as well coming up in this quarter and the next. Pushpa (Pushpa 2: The Rule) is coming out in December, and in January because of the festivities there. In Pongal, the number of releases goes up," said Sanjeev Bijli, executive director, PVR Inox, in a virtual interview with Business Standard.
According to the recent data released by Ormax Media, the box office collection in October was led by Tamil and Telugu films.
Bu hikaye Business Standard dergisinin November 23, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin November 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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