Discover and read the best of Twitter Threads about #pvrcinemas
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#NewsAlert π¨ PVR Inox plans to shut down 50 cinema screens over the next 6 months
#PVR #PVRInox #PVRCinemas #MovieTheater #Business
#PVR #PVRInox #PVRCinemas #MovieTheater #Business
#EarningsWithMC | PVR Inox reported net consolidated loss for #Q4FY23 at Rs 333.37 crore, widening from the loss of Rs 107.41 crore in the same quarter last year.
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moneycontrol.com/news/business/β¦
#PVR #PVRInox #PVRCinemas #Earnings #Q4Results #Stocks #Markets
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moneycontrol.com/news/business/β¦
#PVR #PVRInox #PVRCinemas #Earnings #Q4Results #Stocks #Markets
#PVR Inox announced its intention to close around 50 #cinema screens within the next six months. These screens either operate at a loss or are situated in malls that have reached the end of their life cycle.
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moneycontrol.com/news/business/β¦
#PVRCinemas
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#PVRCinemas
PVR, Inox Leisure agree for merger in the ratio 3:10 , will become India's largest chain. Merger subject to approvals
CMP #PVR 1828
CMP #INOXLEISUR 470
Deal good for Inox as merger happens at ~Rs 550 per share, 17% premium to CMP as per current calculations
CMP #PVR 1828
CMP #INOXLEISUR 470
Deal good for Inox as merger happens at ~Rs 550 per share, 17% premium to CMP as per current calculations
#INOXLEISUR is the 2nd largest multiplex player in India with 79 properties, 310 screens & 83,809 seats with 15% Bollywood and 25-30% Hollywood market share.
#PVRInox #PVR #INOXLEISUR
#PVRInox #PVR #INOXLEISUR
#PVR currently operates 860 screens at 179 properties in 73 cities in India & Sri Lanka. It has formats in the premium screen category, including Director's Cut, LUXE, Sapphire, IMAX, 4DX, P[XL], Playhouse and PVR Onyx across the country.
#pvrcinemas #PVR #PVRInox
#pvrcinemas #PVR #PVRInox
(1/n) Thread on Indian multiplex
Indian multiplexes have almost 2950 screens out of total 9600 screens but it earns more than half the total revenue of theatrical releases from these multiplexes!
Indian multiplexes have almost 2950 screens out of total 9600 screens but it earns more than half the total revenue of theatrical releases from these multiplexes!
(2/n) Slowly and steadily multiplex screens are rising in Indian market due to higher discretionary spending habits of people and also due to requirement of latest technologies along with higher movie watching experience.
India's current cinema screen penetration is the lowest in the world after China, the US and the UK at six screen per million of population. In 2018, 1,776 films were released in India,
