PVR Inox Q2 profit rises 111% to Rs 273 crore, targets 500 new screens in 3 years

PVR INOX plans an ambitious expansion, targeting to unveil around 90 to 100 new screens in FY 2027 and 150 to 175 in FY 2028. With a focus on Tier 2 to 4 markets, they'll introduce their innovative SMART Cinema format. Estimated capital expenditure for FY 27 is projected at ₹300-320 crore, adhering to a capital-light approach.