The firm had registered consolidated net loss of Rs 13.26 crore during the corresponding period of last fiscal.

PVR has rallied almost 8% to Rs 125 in morning trades on reports that the company plans to invest around Rs 580 crore to set up six entertainment cities and additional 350 screens across the country over the next three years.

To treble screen count, build 6 ‘entertainment cities’ over 3 years through mix of debt and own funds.

Film exhibitor and distributor PVR today said it will invest Rs 100 crore through a mix of internal accruals and debt in the next fiscal to expand its movie screening network across India.

PVR has bucked trend and is up 1.5% at Rs 124 on plans to expand its bowling alley business.

Cinema exhibitor PVR today said its wholly-owned subsidiary PVR Pictures would now onwards focus on film distribution which would enable it to turn profitable in the next 18 months.

Cinema exhibitor PVR today said it would merge the production division of its wholly-owned subsidiary, PVR Pictures, with itself.

PVR Ltd has moved higher by 2% at Rs 106 after the company acquired the entire 40% stake of PVR Pictures from JP Morgan Mauritius Holdings IV and India Advantage Fund for an undisclosed amount.

Multiplex operator PVR Ltd today said it had bought out JP Morgan Mauritius Holdings and India Advantage Fund’s stake in PVR Pictures, its group firm, for an undisclosed amount, as it looks to focus on cinema exhibition while going slow on

Mutliplex and Distrubutor PVR Ltd said it plans to buyback of equity shares at a price not exceeding Rs 140 per share for a total of Rs 26.22 crore.

PVR has soared 12% at Rs 112 after the company's board approved the purchase of its own fully paid equity shares at the maximum buyback price of Rs 140 a share through open market purchases.

Mutliplex and cinema hall operator PVR Ltd late on Friday said its board had approved a buyback of equity shares at a price not exceeding Rs 140 per share for a total of Rs 26.22 crore.

Film exhibitor and distributor PVR Ltd today posted over six-fold jump in consolidated net profit at Rs 8.18 crore for the year ended March 31, as compared to the previous fiscal.

Film exhibitor and distributor PVR today said it plans to buy back shares entailing an outgo that will not exceed 10% of its paid up equity share capital and free reserves.

Film distributor and theatre chain operator PVR Ltd on Thursday said it had entered into an agreement with Infinite India Investment Management, a part of the JM Financial Group, for sale and leaseback of its multiplex property in Mumbai for Rs 100 crore.

Film exhibitor and distributor PVR today said has entered into an agreement with Infinite India Investment Management, a part of JM Financial Group, for sale and leaseback of its multiplex property in Mumbai for Rs 100 crore.

Foraying into film production may seem like a great backward integration plan for a multiplex player, but PVR’s experience shows that such good ideas don’t always work.

PVR Ltd has soared 13% at Rs 109 on reports that its will add around 60-80 screens in the country by next fiscal as part of its expansion plans.

Country's leading multiplex chain, PVR Cinemas, is exploring options to expand its operations overseas by running theatres on management contracts, a top company official said today.

Multiplex operator PVR Ltd will not produce any new movie for at least a year and will focus on exhibition business, a top official said on Thursday.