Observations:

21-23 percent increase in box-office collections in quarter 2. High Budget Hindi Movies, English Language money spinners as well as low budget content based movies drive higher footfalls.

Reason - Low budget content-driven movies no longer clash with high budget cinema due to changing audience perceptions

Expectations

- Second Half movie line-up is impressive and expected to do well

- Listed multiplexes like PVR and Inox Leisure likely to post over 20% growth in footfalls

- Cut in corporate tax rate will boost earnings by 32-42 percent

Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.

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