PVR Inox FY25 Results: PVR Inox, which is India’s largest multiplex operator, has released its FY25 financials. The financials reveal a very interesting story. It reveals a dramatic shift in how cinema chains are surviving today’s volatile movie market. According to the financials, PVR has suffered a Rs 316 crore fall in box office revenue, and it is said that a 1.5% rise in food and beverage (F&B) sales played a surprisingly critical role in cushioning the blow.
PVR Inox FY25 Results: A Challenging Year At The Box Office
PVR Inox FY25 financials have revealed shocking numbers; it reveals that audience admissions dropped sharply by nearly 10%. The number, which was 15.14 crore in FY24, has dropped to 13.69 crore in FY25. This decline was seen in a drop in ticket sales from Rs 3,258 crore to Rs 2,942 crore. The fall in footfalls hints towards the lower collections across both Hindi and Hollywood box office news segments.
According to many industry experts, this decline is due to the aftershocks of the 2023 Hollywood strikes and a relatively weak lineup of Indian films. 2024 saw some of the biggest Hindi films in the name of Jawan and Gadar 2; however, 2025 is yet to see any movie of that scale. This mix left theatres heavily dependent on alternative revenue streams.
How ‘Popcorn Power’ Saved The Day
In PVR Inox FY2025, we have seen decreased ticket sales, but it showed resilience through its F&B segment. The average spend per head has seen a growth of 1.5%. The average spend per head was Rs 132 in 2024 and has now been raised to Rs 134. This jump might appear small, but it carried significant weight against declining admissions.
This was not accidental, is probably the result of how aggressively the chain invested in expanding its concession offerings. The launch of ‘Dog Father’ hot dogs and premium non-vegetarian menus across 116 Inox screens boosted variety. Moreover, the 4700 BC Popcorn brand grew its revenues by 5% to Rs 102 crore.
Expansion Beyond Cinemas
PVR Inox FY25 financials reveal that PVR now wants to expand its financials, and it doesn’t want to just depend on the box office for earnings. The joint venture with Devyani International to set up standalone food courts is proof of it.
Additionally, food delivery via aggregators has picked up momentum. It has seen an impressive Rs 2 crore per month in sales, which means a 20% increase. This diversification is crucial as it highlights a future where it is believed that the latest Bollywood news and OTT news may drive cinema headlines, but food and lifestyle will decide profitability.
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Looking Ahead
Lastly, PVR Inox has been the largest multiplex chain in India for a long time. Even though FY25 brought a year of box office challenges, the company is adapting F&B innovation and strategic expansion to lay a strong foundation. Finally, as box office news continues to fluctuate, PVR is now crashing the power of popcorn, hot dogs, and premium snacks because that could define the future of the cinema business.
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