As Cinema halls reopen, PVR set to gain? Revenue had plunged 96 pct! But it just got dubbed as a stock to buy
PVR’s near term profitability and business scale should be affected as cinemas have been the last to open and are operating with much reduced capacity and limited timings. Waiver of rental charges and the sharp drop in employee and other expenses come as a great relief; > 50% decline has been reported in overall costs.