Unlock 5.O brightens picture for PVR, Inox, but visibility is limited2 min read . Updated: 01 Oct 2020, 09:40 PM IST
- Despite restarting ops, covid makes it tough to predict how demand pans out for multiplexes
- Both firms have liquidity cushion to ride the near-term rough patch; revenue visibility is still low
After months of despair, this week has brought good news for multiplexes. First, West Bengal permitted cinemas to reopen. Now, the Union ministry of home affairs has said multiplexes can restart operations in areas outside containment zones from 15 October with 50% of their seating capacity.
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