PVR INOX to close 70 non-performing screens in FY25, plans monetisation of real estate assets

PVR INOX plans to close 70 non-performing screens in FY25 while adding 120 new ones, focusing on South India. The company aims to adopt a capital-light growth model and potentially monetize non-core real estate assets to become net-debt free. Revenue strategies include increasing footfalls and optimizing costs.
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