PVR INOX Q4FY26: Back to Profitability with Strong Margin Expansion

Key Highlights • Net Profit: ₹186.7 Cr vs loss of ₹125 Cr YoY • Profit from Continuing Operations: ₹15 Cr vs loss of ₹121 Cr YoY • Revenue: ₹1,547.3 Cr (↑25.8% YoY) • EBITDA: ₹452 Cr (↑56.0% YoY) • EBITDA Margin: 29.2% vs 23.5% YoY What Stands Out • Strong turnaround from losses to profitability • Significant margin expansion driven by operating leverage • Healthy growth supported by improved box office performance and footfalls Why It Matters The results indicate recovery in the multiplex business, with stronger content pipeline and higher occupancy supporting profitability. Learning Outcome Entertainment businesses often benefit from operating leverage—higher occupancy and ticket sales can sharply improve margins and profits.