Lights, camera and action! PVR Inox is is expected to stand tall amid subdued performances across the media space. This is as per the latest report by Nuvama Institutional Equities. The multiplex giant is expected to deliver its strongest numbers in eight quarters, while broadcasters like Zee Entertainment and Sun TV brace for softer results. Music label Saregama, meanwhile, faces a quiet spell with limited new content.

Nuvama’s top pick: PVR Inox

The report highlighted that “PVR Inox is likely to report the best results among media companies.” PVR Inox’s revenue is projected to rise 10% year-on-year to Rs 17,780 crore , while EBITDA is set to surge 24% year-on-year to Rs 5,921 crore, as per the estiomates by Nuvama.

Footfalls are expected to climb to 4.4 crore, up from 3.86 crore a yea

See Full Page