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
- 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.
Found this insight useful?
Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.