Strong content channel, asset light model to boost profits for PVR Inox

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This quarter will feature five big-budget films, including regional films, set to release during the holiday season | Photo: Bloomberg

3 minutes of reading Last update: Sep 24, 2024 | 8:48 AM IST

Since hitting lows in mid-August, the country’s largest multiplex operator has surged more than 18.5%, outperforming benchmark Sensex, which was up 7.4% during the period. After a muted June quarter, the improving sentiment for the stock is being driven by a strong film pipeline, which should reflect in collections in the September and December quarters, as well as deleveraging expectations.

The September quarter saw several blockbusters including Kalki 2898 AD, Stree 2, Deadpool & Wolverine and Raayan. While PVR’s market share in Bollywood/Regional/Hollywood is 40