MUMBAI:  Q3 FY 2025 saw the audiences coming back to the theaters drawn in by entertaining films. At least that's what one can infer  from the financials of PVR Inox Ltd's for  Q3 FY 2025  and  for the nine months ended 31 December 2024.

PVR  announced its results  on 6 February through regulatory filings with the Bombay stock exchange. 

 Q3 FY 2025 was especially strong  driven by blockbuster releases and record-breaking figures in ticket prices, food and beverage (F&B) spends, and advertising revenues.

The company reported revenues of Rs 17,388 million, EBITDA of Rs 2,583 million, and a profit after tax (PAT) of Rs 681 million for Q3 FY 2025. Cinema admissions reached 37.3 million, with the highest-ever average ticket price (ATP) of Rs 281 and F&B spend per head (SPH) of Rs 140. Advertising income surged to Rs 1,486 million, the highest since the pandemic.

During the quarter, PVR Inox opened 11 new screens across two properties, bringing its total portfolio to 1,728 screens across 350 cinemas in 111 cities.

For the nine-month period, the company posted revenues of Rs 45,893 million, an EBITDA of Rs 4,453 million, and a net loss of Rs 460 million. Cinema admissions totalled 106.4 million, with an ATP of Rs 259 and SPH of Rs 137.

Commenting on the performance, managing director Ajay Bijli said, "As we look ahead, our focus remains on adopting a capital-light model, enhancing cash generation, reducing net debt, controlling costs, and delivering a diverse slate of films to excite moviegoers. With a robust content pipeline and strategic growth initiatives, we are confident in sustaining our leadership and driving long-term value for stakeholders."

The quarter witnessed record-breaking box office collections, propelled by Pushpa 2, which grossed Rs 1,450 crore in India, including Rs 900 crore for its Hindi dubbed version, making it the highest-grossing Hindi film ever. Tamil and Telugu films continued to perform well, while the Hollywood release Mufasa: The Lion King resonated with urban audiences.

Despite these successes, key film reschedules affected overall momentum. The company anticipates strong 2025 content pipelines across Hollywood, Bollywood, and regional cinema.

PVR Inox also announced continued reduction in net debt, which stood at Rs 9,958 million as of December 2024, a decrease of Rs 4,346 million since March 2023. The company exited 67 underperforming screens and expects to open 100–110 new screens by the fiscal year-end, focusing on capital-light models for future expansion.