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? š„šæ Yep, you heard that right! Going to the movies isn't complete without some tasty snacks, especially when you're with your girlfriend! ššæ
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 ā¹1,958.40 crores from snacks alone, compared to ā¹3,279.90 crores from movie tickets. ššš
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! šµš
Partnering with Devyani International, PVR INOX now offers products from brands like Pizza Hut, KFC, and Costa Coffee, earning them extra commission. ššā
So next time you grab a popcorn bucket at the movies, remember, you're part of a deliciously growing trend! ššæ
