PVR opens 4-screen property in Andhra Pradesh

Topic of Article

PVR Cinemas has introduced the opening of a four-screen property in Narsipatnam in Andhra Pradesh’s Visakhapatnam district.

PVR presently operates the previous Srikanya Cinemax as considered one of its properties, making it the biggest cinema theater within the metropolis. The cinema has a seating capability of 1,188 spectators. The property is provided with Harkness and Christie 2K projector class screens that can give moviegoers a great viewing expertise. For a top quality sound expertise, Audio Host will enable superior Dolby 7.1 and Dolby ATMOS high-definition audio.

With this launch, PVR Cinemas consolidated its place with 13 screens in 3 properties in Andhra Pradesh and 296 screens in 48 properties within the South. PVR boosted its progress momentum in fiscal 12 months 2021-2022 with 860 screens on 179 properties in 73 cities (India and Sri Lanka), in response to an organization press launch.

The corporate reported Rs. 184.06 crore in opposition to a web lack of Rs. 153.27 crore consolidated web loss. Web gross sales elevated 197.5% to ₹ 120.32 crore in Q2 September 2021 from ₹ 40.45 crore in Q2 September 2020.

Shares of PVR rose 0.57% on the BSE yesterday, January 14, 2022 to Rs. Closed at 1,555.60. PVR is a world chief within the multiplex enterprise.

Run by Capital Market – Dwell Information

(This story has not been edited by Enterprise Normal workers and has been auto-generated from the Syndicate feed.)

Expensive reader,

Enterprise Normal has all the time strived to supply up-to-date info and commentary on developments which might be of curiosity to you and have broad political and financial implications for the nation and the world. Your encouragement and fixed suggestions on the way to make our supply higher has additional strengthened our dedication and dedication to those beliefs. Even in these troublesome instances arising from Covid-19, we’re dedicated to preserving you knowledgeable and up-to-date with credible information, authoritative opinions and sharp feedback on compatibility points.
Nonetheless, our request is.

As we combat the financial impression of the epidemic, we’d like extra of your assist in order that we will proceed to give you extra high quality content material. Our subscription mannequin has acquired encouraging suggestions from a lot of you who’ve subscribed to our on-line content material. Extra subscriptions to our on-line content material can solely assist us obtain our targets of providing you higher and extra related content material. We imagine in free, honest and credible journalism. Your assist by way of extra subscriptions might help us research journalism for which we’re dedicated.

Help high quality journalism and Subscribe to Enterprise Normal.

Digital editor


More News click here