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PVR COVID IMPACT
PVR, Inox merger was the only way to strengthen balance sheet: MD Ajay BijliA key priority for PVR-Inox is improving margins through better capital and operating expenses, says MD Ajay Bijli. In an interview with Vi...- PVR raises ticket prices by up to 23%, says CEO"Every year, we used to hike the prices by 5–7%, but we couldn’t do that in the last two and a half years. During this time, electricity co...
- PVR restarts capex cycle, plans to open 125 screens in FY23"The company is restarting its capex cycle from FY 2022-23 and has plans of opening (around) 125 screens this year, breaking its own record...
- PVR, INOX Leisure script mega mergerThe deal, if fructifies, will reshape the country’s film exhibition industry that witnessed its first phase of consolidation over the past ...
- PVR Q3 Results: Consolidated loss narrows to Rs 10 crore"The impact of COVID-19 on cinema operations was the least in the Q3 FY22 as compared to the preceding quarters since the time the pandemic...
- PVR Q1 results: Co reports net loss of Rs 220 crIts revenue from operations was at Rs 59.39 crore during the quarter under review. It was Rs 12.70 crore in the corresponding quarter last ...
- PVR reports loss of Rs 289 crore in Q4Total income during the period under review stood at Rs 263.26 crore against Rs 661.78 crore in the corresponding quarter a year ago, PVR s...
- Neutral on PVR, target price Rs 1300: Motilal OswalPVR Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7154.74 Crore) operating in Media & Entertainment ...
- PVR to invest Rs 150 crore to add 30-40 screens next fiscal; eyes 1,000 screens by FY23The company, which added 9 new screens this week in Mysuru and Kanpur, plans to add 30-40 new screens in the next financial year beginning ...
- PVR opens a new six-screen property in MysuruPVR said the new property features advanced cinematic technological solutions to offer a holistic movie-going experience to the patrons in ...
- PVR Pictures expects its revenue to exceed pre-COVID level in FY22"For the entire financial year 2021-22, we would be back to the pre-COVID level. In the second half of FY 2021-22, we will actually exceed ...
- PVR Q3 results: Reports net loss of Rs 49 crRevenue from operations during the period under review stood at Rs 45.10 crore, down 95.04 per cent from Rs 915.74 crore in the correspondi...
- PVR Q1 results: Reports net loss of Rs 226 croreRevenue from operations stood at Rs 12.70 crore, compared to Rs 880.39 crore in the corresponding quarter of the previous fiscal.
- PVR defers capex plans to control costs amid COVID-19 disruptionsPVR, in its annual report, said since cinema exhibition is its only business segment, the company is currently not generating any revenue f...
- PVR takes cost reduction steps; plans to raise Rs 300 crore via rights issueClosure of screens during the lockdown will have a significant negative impact on profitability and liquidity.
- PVR Q4 results: Reports net loss of Rs 74.61 croreRevenue from operations during the quarter under review stood at Rs 645.13 crore.
- PVR, Inox may need to endure business loss until theatres openPVR stock declined 4.3% to Rs 851 on Friday while Inox Leisure fell 4% to Rs 194.
- Buy PVR, target price Rs 1,582: Emkay GlobalThe base case numbers and new target multiples (15% lower than earlier) gives a 31% upside on PVR, leading to an upgrade to “buy” rating (f...
- ICRA's positive outlook fails to lift PVR as stock drops 5%ICRA said it took cognizance of the impact the closure of the screens will have on the revenues and cash accruals of the company over the n...
- Buy PVR, fair value Rs 1,800: Kotak Institutional EquitiesThe brokerage has cut FY2020-21E EBITDA estimates by 10-23 per cent factoring in a complete shutdown of about two months (base case).
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