When movies connect, they go to another level: PVR Inox MD Ajay Bijli

PVR Inox remains focused on delivering exceptional experiences and is confident in its strong business outlook for 2025, said PVR Inox MD

At 1,745 screens, PVR Inox is the largest multiplex chain in India. But the Rs 6,200 crore (2023-24 revenue) chain has seen its stock being hammered by the markets. The buzz is that the cinema business is in trouble. Its managing director, Ajay Bijli, in a quick chat with Vanita Kohli-Khandekar, talks about the state of the movie business and his prognosis for 2025. Edited excerpts:

 

There was only a slight fall in overall box-office collections (3 per cent) and ticket sales in 2024. So why is the market so bearish on PVR Inox?

 

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