PVR Inox Forecasts Strong Q2 for Cinema Exhibitors Amid Blockbuster Releases

PVR Inox is anticipating a robust second quarter for cinema exhibitors, driven by a series of blockbuster releases in the film industry. Alok Tandon, co-CEO of PVR Inox, expressed optimism about the July-September period potentially becoming the best quarter for the cinema exhibition sector.

He highlighted that recent weeks have witnessed a remarkable surge in cinema attendance, and the upcoming film lineup holds great promise. Films like “Jawan,” “Oh My God 2,” “Gadar 2,” “Jailer,” “Rocky Aur Rani Kii Prem Kahaani,” “Oppenheimer,” and “Mission Impossible – Dead Reckoning Part One” have been attracting record audiences to theatres.

Tandon also expressed hope that the cinema exhibition industry would soon return to pre-pandemic levels in terms of attendance. He emphasized the return of crowded lobbies and the positive response from audiences to the movies released thus far.