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PVR Q2 net up 58% at Rs 142 mn

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MUMBAI: Delhi-based multiplex major PVR has reported a second-quarter consolidated net profit of Rs 142 million (after minority interest), a 58 per cent jump from the year-ago period.

Total income, however, saw a marginal (2.7 per cent) increase to Rs 1.39 billion, from Rs 1.35 billion.

Meanwhile, total expenditure of the company stood at Rs 1.18 billon, same as the year-ago period. The cost on account of film distributor share went up from Rs 274.6 million to Rs 347.1 million.

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The movie exhibition segment saw a profit of Rs 212.5 million, from Rs 154.2 million a year ago. Revenue from the segment jumped 20.6 percent to Rs 1.28 billion, as against Rs 1.06 billion in thecorresponding quarter of the previous fiscal.

PVR has deployed Rs 3.62 billion on the movie exhibition segment as of 30 September.

From the movie production and distribution business, however, the revenue came down to Rs 83.8 million (from Rs 290.2 million), while PVR‘s profit from the segment was at Rs 11.3 million, compared to Rs 8.7 million a year ago. Capital deployed on the segment was Rs 1.1 billion.

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PVR joint MD Sanjeev Kumar Bijli said, “The revenues and profitability in Q2, 2011-12 has shown a robust growth over the corresponding period of previous year. The good results is a function of company‘s long term location strategy to partner in best mall developments in the country, its unique design philosophy, strong customer focus and a unique brand positioning . This is demonstrated by the fact that PVR‘s average revenue per screen across its cinema circuit is almost 30 per cent higher than our competition. Infect, in area of advertising and sponsorship revenue our total revenues for 2010-11 were more than the revenues of next three operators put together.”

“The company is on a strong growth trajectory and is adding 57 new screens this fiscal year. The company‘s subsidiary PVR bluO is also setting up bowling centres across the country with three new centres with 74 lanes slated to open in current financial year,” Bijli added.

During the quarter under review, the company added three new multiplex
properties with 16 screens at Udaipur, Surat and Delhi. It also opened its new flagship bowling centre with 26 lanes at Ambience Mall, Vasant Kunj.

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Hindi

Dhurandhar returns to theatres worldwide on March 13 ahead of Dhurandhar The Revenge release

Jio Studios re-releases blockbuster across 500 screens globally before sequel

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MUMBAI: The spy saga of Dhurandhar is gearing up for a big-screen encore before its next chapter arrives.

Ahead of the release of Dhurandhar The Revenge on March 19, Jio Studios and B62 Studios are bringing the original Dhurandhar back to cinemas worldwide in a rare international theatrical re-release.

The global blockbuster is returning across nearly 500 screens, including around 250 in India from March 12 and another 250 overseas beginning March 13.

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For fans of the franchise, the move offers a chance to revisit the film that ignited the high-octane spy-action universe just days before the sequel lands in theatres. It also sets up a rare back-to-back big-screen experience, allowing audiences to relive the original before diving straight into the next chapter.

While re-releases of popular films are occasionally seen in India, international re-runs of Hindi films remain uncommon. The scale of the rollout reflects the growing global appetite for the franchise.

In North America alone, Dhurandhar will return to theatres across nearly 185 screens, highlighting the strong anticipation surrounding the upcoming sequel.

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The excitement is set to build further with special Wednesday premiere shows of Dhurandhar The Revenge scheduled across the US and Canada on March 18, a day ahead of its global release. Many of these premieres will be hosted on premium large format screens, featuring wall-to-wall displays, immersive sound systems such as Dolby Atmos, enhanced projection and luxury seating.

These formats are typically reserved for major Hollywood event films, and early bookings suggest strong demand with several shows already sold out.

The recently released trailer of Dhurandhar The Revenge has also sparked buzz among exhibitors and trade circles, with expectations running high for the film’s international performance.

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Dhurandhar The Revenge is written, directed and produced by Aditya Dhar. The film is produced by Jyoti Deshpande and Lokesh Dhar.

Jio Studios presents a B62 Studios production, an Aditya Dhar film.

The spy-action thriller will release worldwide on March 19, 2026, in five languages including Hindi, Tamil, Telugu, Malayalam and Kannada.

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The film arrives in theatres globally on the occasion of Gudi Padwa and Ugadi, just ahead of Eid, setting the stage for a festive box office run.

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