
PVR INOX Makes More Money on Snacks than Movie Tickets! πΏ
Hey movie buffs! Did you know that PVR INOX, India's biggest cinema hall chain, makes more money from popcorn and Pepsi than from movie tickets? π₯πΏ Yep, you heard that right! Going to the movies isn't complete without some tasty snacks, especially when you're with your girlfriend! ππΏ
In the financial year 2023-24, PVR INOX's food and beverage sales grew by a whopping 21%, outpacing the 19% growth in ticket sales. They raked in βΉ1,958.40 crores from snacks alone, compared to βΉ3,279.90 crores from movie tickets. πππ
What's driving this growth? PVR INOX has been opening more outlets in metro and non-metro cities, where people can enjoy their snacks without watching a movie. They've even started home delivery in some areas! π΅π
Partnering with Devyani International, PVR INOX now offers products from brands like Pizza Hut, KFC, and Costa Coffee, earning them extra commission. ππβ
So next time you grab a popcorn bucket at the movies, remember, you're part of a deliciously growing trend! ππΏ
Sources
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