MoneyWorks4Me

PVR eyeing Rs 500 crore revenue from SPI Cinemas by FY20

16 Aug 2018 Evaluate

PVR is eyeing Rs 500 crore revenue from South India based SPI Cinemas, which the former is in the process of acquiring, by financial year 2019-20. The company also expects this acquisition to help diversify content risk further with good mix of regional, Bollywood and Hollywood films.

PVR is the largest and most premium film exhibition company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in the country.

Peers
Company Name CMP
PVR Inox 1329.05
Saregama India 500.40
Shemaroo Entertain. 119.75
UFO Moviez India 61.00
Balaji Telefilms 95.70
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