PVR Inox Q3 results: Net profit zooms 167% YoY to ₹96 crore, revenue rises 9%; shares fall

In the corresponding period of the previous fiscal year, it logged a profit of ₹35.9 crore, the company said in a regulatory filing.

However, on a sequential basis, its profit declined 9.46% quarter-on-quarter (QoQ) from ₹105.7 crore in the second quarter of the current financial year.

Its revenue from operations surged 9.46% YoY to ₹1,879.8 crore for the quarter under review, compared to ₹1,717.3 crore in the December quarter of FY25. Sequentially, it rose 3.12% QoQ from ₹1,823 crore in Q3FY25.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹662.1 crore in the December FY26 quarter, marking a 16.26% YoY jump from ₹569.5 crore in the year-ago period.

Its EBITDA margin expanded to 34.5% in Q3FY26, as against 32.4% in the same period of FY25.

Patrons visiting PVR Inox cinemas soared 8.6% YoY to 4.05 crore during the third quarter of FY26.

Its average ticket price (ATP) increased by 4.1% annually to ₹293, with average food and beverage spend per head (SPH) growing 4.2% YoY to ₹146 during the quarter under review.

It reported its lowest debt since the merger at ₹365.2 crore, declining by 74% or ₹1,065.2 crore.

As of date, PVR INOX operates 358 cinemas with 1,791 screens across 112 cities, the company added.

“Calendar year 2025 marked a historic milestone for the Indian theatrical industry, emerging as the highest-grossing year ever with total box office collections of INR 13,395 crore—representing a 32% increase over pre-pandemic levels and an 13% year-on-year growth. The year also witnessed 37 movies crossing the 100 crore box office mark, the highest ever in a single year, reinforcing the depth, resilience and long-term relevance of the theatrical medium in India,” the company stated.

It noted that the original Hindi language films contributed substantially to the growth, with Hindi box office delivering its strongest year ever, with collections of more than ₹5,500 crore, marking an 18% YoY growth.

The performance was supported by a healthier genre mix and a more consistent release slate led by a few large tentpole releases, including Dhurandhar, which has emerged as the highest-grossing Hindi film of all time with a cumulative box office of ₹1,000 crore, PVR Inox added. The multiplex chain stated that Hollywood staged a strong recovery in India, growing 49% YoY and delivering its best post-pandemic year and its second-best year after 2019 with box office collections of ₹1,403 crore, bolstered by a stronger and more consistent content slate.

“Regional cinema continued to strengthen its contribution, with the regional box office growing 4% YoY to an all-time high of ₹6,488 crore. Gujarati cinema recorded a sharp 188% growth,” it said, adding that Kannada cinema grew by 74%, and Malayalam cinema crossed the ₹1,000 crore milestone for the second consecutive year.

Commenting on the earnings, Ajay Bijli, Managing Director, PVR INOX Ltd, said: “With a strong content slate ahead, a capital-light expansion strategy, and a significantly strengthened balance sheet, we believe PVR INOX is entering its next phase of sustainable growth. Our focus remains on delighting consumers, driving footfalls through innovation, and creating enduring value for our shareholders.”

At around 2:50 pm, PVR Inox shares were trading 1.57% lower at ₹999 per unit on the National Stock Exchange (NSE) on Thursday.

It has a total market capitalisation of ₹9,815.09 crore, as of February 5, 2026, according to data on the NSE.