PVR Opens 4-screen Property In Narsipatnam, Andhra Pradesh

PVR opens 4-screen property in Narsipatnam, Andhra Pradesh

PVR Cinemas, a movie exhibitor, has introduced the opening of a 4-screen property within the city of Narasipatnam in Andhra Pradesh’s Visakhapatnam district.

PVR at the moment operates the previous Srikanya Cinemax as certainly one of its properties, making it the most important cinema theater within the metropolis. The cinema has a seating capability of 1,188 spectators. The property is supplied with Harkness and Christie 2K projector class screens that may give moviegoers viewing expertise. For a high quality sound expertise, Audio Host will permit 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 yr 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 internet lack of Rs. 153.27 crore consolidated internet 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 Customary employees and has been auto-generated from the Syndicate feed.)

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