Hello finance enthusiasts!
PVR Limited Cinemas, a joint venture between Priya Exhibitors Private Limited and Village Roadshow Limited, is the largest film exhibition companies in India. PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Saket, New Delhi. Currently, with a Cinema circuit of 845 screens spread across 176 cinemas, it covers 71 cities in India and Sri Lanka.
PVR continues to provide superior quality ambience, technologically updated systems, and best service standards to ensure customer delight and unmatched cinema viewing experiences. The multiplex operator reported a consolidated net loss of Rs 49.10 crore for the third quarter ended December 2020, as it continued to be impacted by the COVID-19 pandemic.
Today we present before you the Equity report of PVR Ltd. Let’s dig deeper into the company analysis, and understand how it has been dealing with the COVID-19 situation.
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