financetom
Business
financetom
/
Business
/
PVR looks to add 90-100 screens in FY19, says joint MD Sanjeev Kumar Bijli
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PVR looks to add 90-100 screens in FY19, says joint MD Sanjeev Kumar Bijli
Dec 4, 2018 2:51 AM

PVR Cinemas has rolled out its ‘Accessible Cinema Programme’ for people with mobility, hearing and visual impairment. Sanjeev Kumar Bijli, Joint MD at PVR, said the company has targeted 50 cinemas with 230 screens to have entertainment for all in phase I.

Share Market Live

NSE

"For the next phase, which will be done by June next year, we will cover another 40 cinemas with a total of 230 screens more accessible," Bijli said on Tuesday.

“As we go forward, we will keep evaluating the ones that are already existing to make them more accessible and the new ones that we are building, we are making sure that they are accessible from day one,” said Bijli.

On the business front, he said, "The third quarter so far looks good. October was good, November was slightly slow but better than last year and December looks promising on release of Robot 2.0."

"For FY19, we have a target of adding 90-100 screens," said Bijli, adding that they have already opened 40 screen this year.

"The food and beverage business is seeing growth of around 15-20 percent, average ticket price (ATP) has seen a growth of 4-5 percent and average occupancy is around 33-37 percent. So, overall FY19 seems to be a blockbuster year all over the world."

Have you signed up for Primo, our daily newsletter? It has all the stories and data on the market, business, economy and tech that you need to know.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TEGNA, Seattle Kraken Partner with Gray Media in Alaska
TEGNA, Seattle Kraken Partner with Gray Media in Alaska
Jul 12, 2024
12:01 PM EDT, 07/12/2024 (MT Newswires) -- TEGNA ( TGNA ) , the Seattle Kraken, and Gray Media (GTN) said Friday that Gray's stations in Anchorage and Juneau will broadcast all locally available Seattle Kraken games, free over-the-air beginning with the 2024-2025 season. TEGNA ( TGNA ) recently said it will broadcast all locally available Kraken games on KING 5...
Citigroup seeks to end racial-bias lawsuit over ATM fees
Citigroup seeks to end racial-bias lawsuit over ATM fees
Jul 12, 2024
July 12 (Reuters) - Citigroup ( C/PN ) asked a U.S. judge to dismiss a racial-discrimination lawsuit that claims the bank violated federal civil rights law by waiving ATM fees for customers of minority-owned banks. The third-largest U.S. bank had been sued in May by two Florida customers, Werner Jack Becker and Dana Guida, who do not bank with Citigroup...
Edwards Lifesciences Secures Health Canada's Approval for PASCAL Precision Transcatheter Valve Repair System
Edwards Lifesciences Secures Health Canada's Approval for PASCAL Precision Transcatheter Valve Repair System
Jul 12, 2024
12:00 PM EDT, 07/12/2024 (MT Newswires) -- Edwards Lifesciences' ( EW ) Canadian unit said Friday that Health Canada approved its PASCAL Precision transcatheter valve repair system for the percutaneous reduction of significant, symptomatic mitral regurgitation. The company said data from the CLASP IID pivotal trial of the PASCAL Precision system demonstrated that the system achieved significant and sustained mitral...
Exclusive-Bunge, Viterra offer to sell assets in 2 EU countries, sources say
Exclusive-Bunge, Viterra offer to sell assets in 2 EU countries, sources say
Jul 12, 2024
BRUSSELS (Reuters) - U.S. grains merchant Bunge and Glencore ( GLCNF )-backed Viterra have offered to sell assets in two European Union countries in a bid to secure EU antitrust clearance for their $34 billion merger, people with direct knowledge of the matter said on Friday. The companies put in their offer to the European Commission on Thursday, according to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved