BENGALURU : International cinema helped India's biggest movie operator PVR Inox post a rise in first-quarter revenue as Hindi films failed to bring moviegoers to theatres.
The company said the June quarter witnessed a muted start, with limited releases in Hindi, but saw the highest number of Hollywood movies since the pandemic. This helped the firm log a more than 30 per cent jump in revenue from operations to 13.05 billion rupees. PVR Inox, in its second quarter as a merged entity, posted a net loss came of 816 million rupees compared with a loss of 3.33 billion rupee last quarter.
This came on the back of rising expenses with increased spends on food and beverages and heightened movie exhibition costs.
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