PVR INOX posts record Q2 earnings, plans to return 30% of annual surplus cash flow

PVR INOX has approved a new capital allocation and dividend distribution policy to reward shareholders. The company aims to return about 30% of its surplus cash flow via dividends or share buybacks. This decision follows a record earnings quarter attributed to strong film content and increased consumer spending. Previous results also showed the box office collections for September rising significantly compared to the previous year.