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PVR Inox posts Q3 net profit at Rs 12.8 crore; revenue at Rs 15,459 crore

India Business News: PVR INOX reported a consolidated net profit of Rs 12.8 crore in Q3, compared to Rs 165 crore in the same period last year. Its revenue from operations

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Accumulate PVR Inox; target of Rs 1878: Geojit

Geojit recommended accumulate rating on PVR Inox with a target price of Rs 1878 in its research report dated October 27, 2023.

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PVR Inox to shut 50 screens in 6 months

The firm has taken an accelerated charge of the depreciation in its books and written off the WDV (written down value) of assets.

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PVR Inox builds on premium formats with new IMAX, MX 4D cinemas

PVR Inox launches six-screen multiplex in New Delhi featuring IMAX and MX 4D, expanding its presence in north India to 449 screens in 102 properties.

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Costly tickets no dampener for hit films

Pricey tickets are not really a deal-breaker for Indian movie lovers, the success of several tent-pole films with premium pricing shows, despite recent criticism that such pricing has eroded footfalls at cinemas

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PVR Cinemas crosses 100 screen milestone in Chennai

PVR Cinemas, the film exhibition company, post the merger with INOX Leisure Ltd, has opened an 11-screen multiplex at Phoenix Market City, the company said on Tuesday.

The opening of the 11-screen multiplex also made the exhibition company to breach the 100-screen milestone in the city following the merger with INOX Leisure, PVR Cinemas said.

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With 600 screens, India to lead Cinepolis' global expansion

While the company is looking to invest ₹3 crore for each screen on an average, it does not have a definite timeline for launching the new screens yet.

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PVR opens first multiplex post merger with INOX

In March last year, the boards of PVR Ltd and Inox Leisure Ltd, had approved an all-stock merger of the companies to create India’s largest film exhibition entity with a network of more than 1,500 screens.

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PVR-Inox merger: Record date for share allotment to Inox shareholders announced

In October 2022, PVR received the nod from its shareholders for the merger with rival INOX Leisure

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INOX Leisure Ltd consolidated Q3FY23 loss at Rs. 40.41 crores

The Board of Directors of INOX Leisure Limited, at its meeting held today have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23 and 9MFY23.

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