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PVR INOX plans to shut down 50 cinema screens over 6 months
short by Srishty Choudhury / on Monday, 15 May, 2023
PVR INOX plans to shut down approximately 50 cinema screens over the next six months, the company said. These properties are loss-making or housed in malls that have reached the end of their life cycle with little hope of any revival. PVR INOX on Monday reported a net consolidated loss for the fourth quarter ended March at ₹333.37 crore.
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