India theatre chain PVR Inox’s loss doubles as Bollywood movies flop

The company, formed by the merger of PVR and Inox in early 2023, posted a consolidated net loss of 1.79 billion rupees ($21.4 million) quarter, compared with a year-ago loss of 816 million rupees.

Jul 19, 2024 - 21:00
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India theatre chain PVR Inox’s loss doubles as Bollywood movies flop
The company, formed by the merger of PVR and Inox in early 2023, posted a consolidated net loss of 1.79 billion rupees ($21.4 million) quarter, compared with a year-ago loss of 816 million rupees.

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