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MULTIPLEX COMPANIES
Nirala World to invest Rs 525 crore to develop a mall in Greater NoidaNirala World will invest Rs 525 crore to develop Nirala Diadem, a premium mall in Greater Noida West. The project will feature a multiplex,...
PVR Inox shares slide 6% in two days despite strong Q4 earnings. Do Motilal Oswal, Nuvama see any upside?PVR INOX shares dipped despite a return to profitability in the March quarter, reporting a net profit of Rs 187 crore. Strong performance f...
PVR INOX Q4 Results: Dhurandhar 2 success helps firm swing to Rs 187 crore net profit; revenue jumps 26% YoYPVR Inox Q4 Results: The company's revenue from operations surged 26% year-on-year to Rs 1,547 crore in the March-ended quarter versus Rs 1...
Sports startups cash in on India’s everyday athlete economy boomA surge in sports participation is fueling a boom in platforms for everyday athletes. Startups are making it easier to book courts and find...
PVR INOX’s Marriott moment: How a theatre giant is rewriting the cinema playbook in India with a new-age expansion modelPVR INOX Marriott model strategy: PVR INOX is shifting to a Franchise Owned, Company Operated model. This strategy seeks to expand its mult...
PVR INOX comes to Agra with ‘Dhurandhar: The Revenge’ openingPVR INOX has opened its first multiplex in Agra. This four-screen property is located at Anjana Central on MG Road. It features advanced te...
PVR Inox launches 4-screen multiplex in Agra with Dhurandhar: The RevengePVR Inox has opened a new four-screen multiplex in Agra's Anjana Central. This cinema operates under the Franchise-Owned Company-Operated m...
Recent box office hits drive rebound for multiplex companiesTrade analysts are of the view that the momentum in box office collections will continue to remain unabated for the next few weeks, buoyed ...
Multiplexes gear up for a blockbuster second half of FY23 after a muted first halfICRA expects multiplexes to improve profitability. It estimates that multiplex companies will record 16-18% margins in the second half of F...
Small towns to drive multiplex companies' growthIn tier-II and tier-III cities, multiplexes may introduce ticket pricing in the range of ₹50-150. Analysts expect 15-20% incremental box of...
Two mergers cast a light on governance, and its chinksCorporate India witnessed two large merger announcements in the past two weeks: of PVR-Inox and HDFC-HDFC Bank. In the first instance, two ...
Twist in the tax-break tale puts multiplexes in a tight spotStates such as Uttar Pradesh, Maharashtra, Haryana, West Bengal, Tamil Nadu and Karnataka had dished out sops, which included a waiver of e...
INOX Leisure launches tier-based cinema loyalty programThe second largest multiplex player has crossed 600 screens and 600 million customers. The loyalty program will offer many benefits to the ...
Ind-AS 116 norms could impact profits of multiplexes, airlinesInd-AS 116 sets out principles for recognition, presentation and disclosure of leases.
Ronnie Screwvala approaches fair trade regulator against multiplexesInvestigation for alleged collusion and for charging Indian movie makers discriminatory virtual print fee.
Partial relief to multiplex players in Uttar Pradesh in tax exemption caseAs part of the five-year scheme of exemption, multiplex companies were allowed to charge and retain entertainment tax under different slabs.
Multiplexes get tax breather in Uttar Pradesh, RajasthanFor the record, many state governments had announced five-year tax holidays to multiplexes in a bid to get investments in their respective ...
Any price curbs on popcorn bad news for multiplex companiesRevenues from the F&B segment for multiplex leader PVR for FY17 stood at Rs 580 crore.
PVR seeks incentives from Punjab govt to promote multiplexesBetting big on growing Punjabi film industry, PVR Cinema plans to add 40-50 screens in Punjab with an investment of Rs 100 crore in next th...
- Multiplex companies report impressive growth in June quarter
Most multiplex players, including PVR, Inox Leisure and Cinemax, are geared up well to cash in on these good times.