PVR Inox Q2 profit rises 111% to Rs 273 crore, targets 500 new screens in 3 years

What happened: PVR Inox reported Q2 profit up 111% to Rs 273 crore and plans to add about 500 new screens over three years, focused on Tier 2 to 4 markets with its SMART Cinema format. Key numbers: Q2 profit Rs 273 crore, up 111%. 90 to 100 new screens targeted in FY 2027, 150 to 175 in FY 2028. FY 27 capex projected at Rs 300-320 crore. Why it matters: The expansion targets smaller markets through a capital-light approach, with capex guidance set for FY 27. Coverage: 3 outlets in 24h

PVR Inox reported Q2 profit up 111% to Rs 273 crore and plans to add about 500 new screens over three years, focused on Tier 2 to 4 markets with its SMART Cinema format.

The expansion targets smaller markets through a capital-light approach, with capex guidance set for FY 27.