Priority of PVR Inox is to regain pre-Covid operating margins: Ajay Bijli
(Right to left) PVR Inox managing director Ajay Bijli with daughter Nayana Bijli, lead-distribution and licensing at PVR Inox; image credit: collage by Sadhana Saxena
Synopsis
Ajay Bijli, managing director of PVR Inox, opens up on the company’s key strategic priorities to tackle the current slowdown in movie-watching in theatres.
Ajay Bijli, managing director, PVR Inox, has got a lot on his plate. The company, which is trying hard to take occupancy rate to pre-pandemic levels, is looking for ways to boost operating margins, enhance return on capital, and drive free cash flow generation. The multiplex giant has embarked on a debt-reduction road map, while closing underperforming screens and reducing capital intensity. You can read here the four things PVR Inox needs to
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